Title 54, National Park Service and Related ProgramsRelease 119-110

§101115 Corporate Succession and Powers and Duties Acting as Trustee; Personal Liability for Malfeasance

Title 54 › Subtitle I — National Park System › CHAPTER 1011 — DONATIONS › SUBCHAPTER II — NATIONAL PARK FOUNDATION › § 101115

Last updated Sep 22, 2026|Official source

Summary

The National Park Foundation will continue to exist indefinitely. It has the usual powers and duties of a corporation acting as a trustee, including the ability to sue and be sued in its own name. Board members are not personally responsible for the foundation’s actions, unless they commit malfeasance (wrongful or dishonest conduct).

Full Legal Text

Title 54, §101115

National Park Service and Related Programs, Source: USLM XML via OLRC

(a)Perpetual Succession.—
The National Park Foundation shall have perpetual succession.
(b)Powers and Duties of Trustee.—
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)Personal Liability of Board Members.—
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

Sep 22, 2026

Release point: 119-110