Title 2The CongressRelease 119-73

§159 Perpetual succession and suits by or against Library of Congress Trust Fund Board

Title 2 › Chapter CHAPTER 5— - LIBRARY OF CONGRESS › § 159

Last updated Apr 6, 2026|Official source

Summary

The board continues indefinitely, has the powers of a trustee over property, money, or securities given to it (including selling unless limited), and may be sued in U.S. District Court for D.C.

Full Legal Text

Title 2, §159

The Congress — Source: USLM XML via OLRC

The board shall have perpetual succession, with all the usual powers and obligations of a trustee, including the power to sell, except as herein limited, in respect of all property, moneys, or securities which shall be conveyed, transferred, assigned, bequeathed, delivered, or paid over to it for the purposes above specified. The board may be sued in the United States District Court for the District of Columbia, which is given jurisdiction of such suits, for the purpose of enforcing the provisions of any trust accepted by it.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1926—Act Jan. 27, 1926, inserted “including the power to sell” in first sentence.

Statutory Notes and Related Subsidiaries

Change of Name

Act
June 25, 1948, eff. Sept. 1, 1948, as amended by act
May 24, 1949, substituted “United States District Court for the District of Columbia” for “district court of the United States for the District of Columbia”. Act
June 25, 1936, provided that the Supreme Court of the District of Columbia is to be known as the District Court of the United States for the District of Columbia.

Reference

Citations & Metadata

Citation

2 U.S.C. § 159

Title 2The Congress

Last Updated

Apr 6, 2026

Release point: 119-73