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16 USC § 4602 - Gifts and bequests

This preliminary release may be subject to further revision before it is released again as a final version. As with other online versions of the Code, the U.S. Code Classification Tables should be consulted for the latest laws affecting the Code. Those using the USCPrelim should verify the text against the printed slip laws available from GPO (Government Printing Office), the laws as shown on THOMAS (a legislative service of the Library of Congress), and the final version of the Code when it becomes available.

Current through Pub. L. 112-90. (See Public Laws for the current Congress.)

(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.

(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.

Source

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

The table below lists the classification updates, since Jan. 7, 2011, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Friday, April 6, 2012

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

16 USCDescription of ChangeSession YearPublic LawStatutes at Large