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36 U.S.C. § 151701Organization

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 56 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress charters the National Film Preservation Foundation. It is a charitable, nonprofit group, not a part of the U.S. government. It exists forever unless the law says otherwise.

(a) Federal Charter. Congress gives a federal charter to the National Film Preservation Foundation, called "the corporation" in this chapter. (b) Nature of Corporation. The corporation is a charitable, nonprofit organization. It is not an agency or part of the United States Government. (c) Perpetual Existence. Unless a law says otherwise, the corporation exists forever.
the actual law source: uscode.house.gov ↗public domain
(a)Federal Charter.—

National Film Preservation Foundation (in this chapter, the “corporation”) is a federally chartered corporation.

(b)Nature of Corporation.—

The corporation is a charitable and nonprofit corporation and is not an agency or establishment of the United States Government.

(c)Perpetual Existence.—

Except as otherwise provided, the corporation has perpetual existence.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1404.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1404

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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