Title 54 — National Park Service and Related ProgramsRelease 119-73not60
§101115 Corporate Succession and Powers and Duties Acting as Trustee; Personal Liability for Malfeasance
Title 54 › Subtitle Subtitle I— National Park System › Chapter 1011— DONATIONS › Subchapter II— NATIONAL PARK FOUNDATION › § 101115
Summary
National Park Foundation exists indefinitely. It can act as a trustee and sue or be sued, and board members are not personally liable except for serious wrongdoing.
Full Legal Text
Title 54, §101115
National Park Service and Related Programs — Source: USLM XML via OLRC
(a)The National Park Foundation shall have perpetual succession.
(b)The National Park Foundation shall have all the usual powers and obligations of a corporation acting as a trustee, including the power to sue and to be sued in its own name.
(c)The members of the Board shall not be personally liable, except for malfeasance.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 10111516 U.S.C. 19i.Pub. L. 90–209, § 5, Dec. 18, 1967, 81 Stat. 657.
Reference
Citations & Metadata
Citation
54 U.S.C. § 101115
Title 54 — National Park Service and Related Programs
Last Updated
Apr 5, 2026
Release point: 119-73not60