§ 75. Authority and functions of the board

Statutory text

Official seal; bylaws, rules, and regulations; quorum

The board is authorized to adopt an official seal which shall be judicially noticed and to make such bylaws, rules, and regulations, as it deems necessary for the administration of its functions under this subchapter, including, among other matters, bylaws, rules, and regulations relating to the acquisition, exhibition, and loan of works of art, the administration of its trust funds, and the organization and procedure of the board. The board may function notwithstanding vacancies, and three members of the board shall constitute a quorum for the transaction of business.

Quality of works of art

In order that the collection of the National Gallery of Art shall always be maintained at a high standard and in order to prevent the introduction therein of inferior works of art, no work of art shall be included in the permanent collection of the National Gallery of Art unless it be of similar high standard of quality to those in the collection acquired from the donor.

Powers and obligations

The board shall have all the usual powers and obligations of a trustee in respect of all trust funds administered by it and all works of art acquired by it.

Annual reports

The board shall submit to the Smithsonian Institution an annual report of its operations under this subchapter, including a detailed statement of all acquisitions and loans of works of art and of all public and private moneys received and disbursed.

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.

1937
Pub. L. 75–50 § 5 · 50 Stat. 51
Enacted · 20 U.S.C. § 75
(Mar. 24, 1937, ch. 50, § 5, 50 Stat. 53.)
Source evidence
Code source credit
(Mar. 24, 1937, ch. 50, § 5, 50 Stat. 53.)
Enacted provision · exact public law section
Sec. 5. (a) The board is authorized to adopt an official seal which Powers of board. shall be judicially noticed and to make such bylaws, rules, and regulations, as it deems necessary for the administration of its functions under this Act, including, among other matters, bylaws, rules, and regulations relating to the acquisition, exhibition, and loan of works of art, the administration of its trust funds, and the organization and procedure of the board. The board may function notwithstanding vacancies, and three members of the board shall constitute a quorum for the transaction of business. (b) In order that the collection of the National Gallery of Art Maintenance of high standard of collection. shall always be maintained at a high standard and in order to prevent the introduction therein of inferior works of art, no work of art shall be included in the permanent collection of the National Gallery of Art unless it be of similar high standard of quality to those in the collection acquired from the donor. (c) The board shall have all the usual powers and obligations of a Powers and obligations as trustee of trust funds. trustee in respect of all trust funds administered by it and all works of art acquired by it. (d) The board shall submit to the Smithsonian Institution an Annual report of board. annual report of its operations under this Act, including a detailed statement of all acquisitions and loans of works of art and of all public and private moneys received and disbursed.

1 of 1 references resolved to an enrolled provision

Credits

(Mar. 24, 1937, ch. 50, § 5, 50 Stat. 53.)