10 U.S. Code § 4356 - Use of certain gifts
Under regulations prescribed by the Secretary of the Army, the Superintendent of the Academy may (without regard to section 2601 of this title) accept, hold, administer, invest, and spend any gift, devise, or bequest of personal property of a value of $20,000 or less made to the United States on the condition that such gift, devise, or bequest be used for the benefit of the Academy or any entity thereof. The Secretary may pay or authorize the payment of all reasonable and necessary expenses in connection with the conveyance or transfer of a gift, devise, or bequest under this section.
Source(Added Pub. L. 97–295, § 1(41)(A),Oct. 12, 1982, 96 Stat. 1297.)
|Revised section||Source (U.S. Code)||Source (Statutes at Large)|
|4356||10:4334 (note).||Sept. 8, 1982, Pub. L. 97–252, § 1133(a), 96 Stat. 761.|
The word “Academy” is substituted for “United States Military Academy” for consistency in title 10.
Applicability of Section
“(a) [Repealed and reenacted as section 4356 of this title by Pub. L. 97–295, §§ 1(41)(A), 6(b),Oct. 12, 1982, 96 Stat. 1297, 1315.]
“(b) This section [section 4356 of this title] applies with respect to any gift, devise, or bequest made on or after the date of the enactment of this Act [Sept. 8, 1982] for the purpose described in subsection (a) [section 4356 of this title] and applies to any such gift, devise, or bequest, or devise made before the date of the enactment of this Act with respect to which the Secretary of the Army has approved application of this section rather than section 2601 of title 10, United States Code.”