§101114 Disposition of Property or Income

Summary

The National Park Foundation may sell, lease, invest, reinvest, keep, or otherwise handle any property or money it owns, unless the transfer agreement that gave the property says something different. It must not do businesses or make investments that a trust company in the District of Columbia cannot do, except it may make investments the transfer agreement allows and keep property it accepted. The Foundation may use services and facilities of the Department of the Interior and the Department of Justice when practical, with or without payment. If money is paid back to a Department, that Department must return it to the original account, and those funds can be spent again for the account’s allowed uses without extra approval.