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36 U.S.C. § 152401 — Organization

submitted 26 years ago by Pub. L. 106-474 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 57 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section creates the National Recording Preservation Foundation as a federally chartered corporation. It is a charitable, nonprofit group, not a part of the U.S. government. It exists forever unless a law says otherwise.

(a) Federal Charter — This section creates the National Recording Preservation Foundation, called "the corporation" in this chapter. Congress gives it a federal charter. (b) Nature of Corporation — The corporation is charitable and nonprofit. It is not a federal government agency or part of the government. (c) Perpetual Existence — Unless another rule says otherwise, the corporation exists forever, with no set end date.
the actual law source: uscode.house.gov ↗public domain
(a)Federal Charter.—

The National Recording 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: (Added Pub. L. 106–474, title II, § 201(a), Nov. 9, 2000, 114 Stat. 2091.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-474 · 114 Stat. 2091

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-474 on 2000-11-09.

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