§ 2082. Authority of Commission to accept gifts and conduct other transactions relating to works of fine art and other property

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. 1988

   Arizona-Idaho Conservation Act of 1988

   Pub. L. 100–696 title VIII § 802 · 102 Stat. 4571

   Enacted · 2 U.S.C. § 2082

   Pub. L. 100–696, title VIII, § 802, Nov. 18, 1988, 102 Stat. 4609

   Source evidence

   Code source credit
   Pub. L. 100–696, title VIII, § 802, Nov. 18, 1988, 102 Stat. 4609

   Enacted provision · exact public law section
   Sec. 802. authority of commission to accept gifts and conduct other transactions relating to works of fine art and other property (a) In General.— In carrying out the purposes referred 40 USC 188a–1. to in section 801(a) the Commission is authorized— (1) to accept gifts of works of fine art, gifts of other property, and gifts of money; and (2) to acquire property, administer property, dispose of property, and conduct other transactions related to such purposes. (b) Transfer and Disposition of Works of Fine Art and Other Property.— The Commission shall, with respect to works of fine art and other property received by the Commission— (1) upon agreement with the Joint Committee on the Library, the Senate Commission on Art, or the House of Representatives Fine Arts Board, as the case may be, transfer such property to the entity with which the agreement is made; (2) if a transfer described in paragraph (1) is not appropriate, dispose of the work of fine art by sale or other transaction; and (3) in the case of property that is not directly related to the purposes referred to in section 801(a), dispose of such property by sale or other transaction. (c) Requirements for Conduct of Transactions.— In conducting transactions under this section, the Commission shall— (1) accept money only in the form of a check or similar instrument made payable to the Treasury of the United States and shall deposit any such check or instrument in accordance with section 803; (2) in making sales and engaging in other property transactions, take into consideration market conditions and other relevant factors; and (3) assure that each transaction is directly related to the purposes referred to in section 801(a).

2. 1990

   Dire Emergency Supplemental Appropriations for Disaster Assistance, Food Stamps, Unemployment Compensation Administration, and Other Urgent Needs, and Transfers, and Reducing Funds Budgeted for Military Spending Act of 1990

   Pub. L. 101–302 title III § 312(a) · 104 Stat. 213

   Amended · 2 U.S.C. § 2082(b)(1)

   Pub. L. 101–302 amended par. (1) generally. Prior to amendment, par. (1) read as follows: “upon agreement with the Joint Committee on the Library, the Senate Commission on Art, or the House of Representatives Fine Arts Board, as the case may be, transfer such property to the entity with which the agreement is made;”

   Source evidence

   Code amendment note
   Subsec. (b)(1). Pub. L. 101–302 amended par. (1) generally. Prior to amendment, par. (1) read as follows: “upon agreement with the Joint Committee on the Library, the Senate Commission on Art, or the House of Representatives Fine Arts Board, as the case may be, transfer such property to the entity with which the agreement is made;”.

   Enacted provision · exact public law section
   (a) Section 802(b)(1) of the Arizona-Idaho Conservation Act of 1988 is amended to read as follows: 40 USC 188a–1. Gifts and property. “(1) in consultation with the Joint Committee on the Library, the Senate Commission on Art, or the House of Representatives Fine Arts Board, as the case may be, transfer such property to the entity consulted;”.

2 of 2 references resolved to an enrolled provision