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22 U.S.C. § 276aa — Establishment of the Kermit Roosevelt fund; creation and composition of board of trustees

submitted 81 years ago by ch. 228 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 103 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Army created a board to manage the Kermit Roosevelt Fund. The board handles money and property in the fund since July 2, 1945. It has four members: the Army's Chief of Finance and three Army general officers.

This section establishes, within the Department of the Army, a board called the Trustees of the Kermit Roosevelt Fund. The board's duty is to properly manage all money and property that has come, since July 2, 1945, under its control as part of the Kermit Roosevelt fund, which was created under section 276bb. The board has four members: the Chief of Finance, United States Army, who serves automatically because of that role, plus three general officers of the Army, who are appointed to the board and can be replaced by the Secretary of the Army.
the actual law source: uscode.house.gov ↗public domain

There is established in the Department of the Army a board to be known as the Trustees of the Kermit Roosevelt Fund, whose duty it shall be properly to administer all money and property which on and after July 2, 1945, may come under its control as part of the Kermit Roosevelt fund, created pursuant to section 276bb of this title. The board shall be composed of the Chief of Finance, United States Army, ex officio, and three general officers of the Army who shall be appointed to the board and may be replaced thereon by the Secretary of the Army.

Source credit: (July 2, 1945, ch. 228, § 1, 59 Stat. 316; July 26, 1947, ch. 343, title II, § 205(a), 61 Stat. 501.)

history & why it existsrecord from the source credit
  • 1945Enacted · Act of July 2, 1945, ch. 228 · 59 Stat. 316
  • 1947Amended · Act of July 26, 1947, ch. 343 · 61 Stat. 501

A history note hasn’t been published yet. The record shows enactment by ch. 228 on 1945-07-02.

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