Except as otherwise provided by this chapter, the Board shall have all the usual powers and obligations of a trustee with respect to property and funds administered by it, but the members of the Board are not personally liable, except for malfeasance.
Based on 44 U.S. Code, 1964 ed., § 300ff (July 9, 1941, ch. 284, § 6,55 Stat. 582).
Amendments
1984—Pub. L. 98–497amended section generally, inserting “Except as otherwise provided by this chapter,”.
Effective Date of 1984 Amendment
Amendment by Pub. L. 98–497effective Apr. 1, 1985, see section 301 ofPub. L. 98–497, set out as a note under section
2102 of this title.
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, May 13, 2011
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.