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1997 U.S. Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 74 - AMERICAN ACADEMY OF ARTS AND LETTERS
Sec. 4205 - Acquisition of property by bequest or donation
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§4205. Acquisition of property by bequest or donation
§4205. Acquisition of property by bequest or donation
The American Academy of Arts and Letters be, and the same is hereby, authorized and empowered to receive bequests and donations of real or personal property and to hold the same in trust, and to invest and reinvest the same for the purpose of furthering the interests of literature and the fine arts.
(Apr. 17, 1916, ch. 77, §5, 39 Stat. 52.)
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