2015 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations (Sections 101 - 300113)
Subtitle III - Treaty Obligation Organizations (Sections 300101 - 300113)
Chapter 3001 - The American National Red Cross (Sections 300101 - 300113)
Sec. 300109 - Endowment fund

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
Subtitle III - Treaty Obligation Organizations
CHAPTER 3001 - THE AMERICAN NATIONAL RED CROSS
Sec. 300109 - Endowment fund
Containssection 300109
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditPub. L. 105-225, Aug. 12, 1998, 112 Stat. 1493; Pub. L. 110-26, §9, May 11, 2007, 121 Stat. 109.
Statutes at Large References36 Stat. 604
61 Stat. 83
112 Stat. 1493
121 Stat. 109
Public and Private LawsPublic Law 105-225, Public Law 110-26

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36 U.S.C. § 300109 (2015)
§300109. Endowment fund

The endowment fund of the corporation shall be kept and invested under the management and control of a board of trustees elected by the board of governors. The corporation shall prescribe policies and regulations on terms and tenure of office, accountability, and expenses of the board of trustees.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1493; Pub. L. 110–26, §9, May 11, 2007, 121 Stat. 109.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
300109 36:9. Jan. 5, 1905, ch. 23, §8, as added June 23, 1910, ch. 372, §2, 36 Stat. 604; May 8, 1947, ch. 50, §7, 61 Stat. 83.

The words "from time to time" are omitted [as] unnecessary.

AMENDMENTS

2007—Pub. L. 110–26 struck out "nine" before "trustees elected" in first sentence and substituted "The corporation shall prescribe policies and regulations on terms and tenure of office, accountability, and expenses of the board of trustees." for "The board of governors shall prescribe regulations on terms and tenure of office, accountability, and expenses of the board of trustees."

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