§ 4602. Gifts and bequests

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1990

   Take Pride in America Act

   Pub. L. 101–628 title XI § 1103 · 104 Stat. 4469

   Enacted · 16 U.S.C. § 4602

   (Pub. L. 101–628, title XI, § 1103, Nov. 28, 1990, 104 Stat. 4502.)

   Source evidence

   Code source credit
   (Pub. L. 101–628, title XI, § 1103, Nov. 28, 1990, 104 Stat. 4502.)

   Enacted provision · exact public law section
   SEC. 1103. GIFTS AND BEQUESTS. (a) Authority.— The Secretary may solicit, accept, hold, administer, invest in government securities, and use gifts and bequests of money and other personal property to aid or facilitate the purposes of the TPIA Program. Property so donated and accepted shall not be subject to sequestration. (b) Accounting.— The Secretary shall maintain a full accounting of such gifts and bequests. (c) Treatment of Donations, Etc.— For purposes of Federal law, property accepted pursuant to this section shall be considered as a gift, bequest, or devise to the United States. (d) Use of Property.— Any property and the proceeds thereof shall be used as nearly as practicable in accordance with the terms of the gift or bequest.

1 of 1 references resolved to an enrolled provision