16-U.S.C.-19I

16-U.S.C.-19I

§19I – Corporate Succession; Powers and Duties of Trustee; Suits; Personal Liability For Malfeasance

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Title 16 > Chapter 1 > Subchapter III > Section 19i

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  • Reference: Section 19i
  • Legend: §19I – Corporate Succession; Powers and Duties of Trustee; Suits; Personal Liability For Malfeasance
  • USCode Year: 2013

Provision Content

The Foundation shall have perpetual succession, with all the usual powers and obligations of a corporation acting as a trustee, including the power to sue and to be sued in its own name, but the members of the Board shall not be personally liable, except for malfeasance.

(Pub. L. 90–209, §5, Dec. 18, 1967, 81 Stat. 657.)

U.S. Encyclopedia of Law Coverage

16-U.S.C.-19JJ-1 in the Legal Encyclopedia: Conservation

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16-U.S.C.-19G in the Legal Encyclopedia: Parks

In this entry about 16-U.S.C.-19G, find legal reference material, bibliographies and premiere content related to parks in the American Encyclopedia of Law, presenting a comprehensive view of the United States parks-specific issues, written by authorities in the field.

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