Title 36 — Patriotic and National ObservancesRelease 119-73
§300109 Endowment fund
Title 36 › Subtitle Subtitle III— - Treaty Obligation Organizations › Chapter CHAPTER 3001— - THE AMERICAN NATIONAL RED CROSS › § 300109
Full Legal Text
Title 36, §300109
Patriotic and National Observances — Source: USLM XML via OLRC
The endowment fund of the corporation shall be kept and invested under the management and control of a board of trustees elected by the board of governors. The corporation shall prescribe policies and regulations on terms and tenure of office, accountability, and expenses of the board of trustees.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 30010936:9.Jan. 5, 1905, ch. 23, § 8, as added June 23, 1910, ch. 372, § 2, 36 Stat. 604; May 8, 1947, ch. 50, § 7, 61 Stat. 83. The words “from time to time” are omitted [as] unnecessary.
Editorial Notes
Amendments
2007—Pub. L. 110–26 struck out “nine” before “trustees elected” in first sentence and substituted “The corporation shall prescribe policies and
Regulations
on terms and tenure of office, accountability, and expenses of the board of trustees.” for “The board of governors shall prescribe
Regulations
on terms and tenure of office, accountability, and expenses of the board of trustees.”
Reference
Citations & Metadata
Citation
36 U.S.C. § 300109
Title 36 — Patriotic and National Observances
Last Updated
Apr 6, 2026
Release point: 119-73