2022 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations
Subtitle III - Treaty Obligation Organizations
Chapter 3001 - The American National Red Cross
Sec. 300109 - Endowment fund

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Citation 36 U.S.C. § 300109 (2022)
Section Name §300109. Endowment fund
Section Text

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.

Source Credit

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

Editorial Notes
Historical and Revision Notes
Revised SectionSource (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.


EDITORIAL NOTES 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."

Publication Title United States Code, 2018 Edition, Supplement 4, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Subtitle III - Treaty Obligation Organizations
CHAPTER 3001 - THE AMERICAN NATIONAL RED CROSS
Sec. 300109 - Endowment fund
Contains section 300109
Date 2022
Laws In Effect As Of Date January 5, 2023
Positive Law Yes
Disposition standard
Statutes at Large References 36 Stat. 604
61 Stat. 83
112 Stat. 1493
121 Stat. 109
Public Law References Public Law 105-225, Public Law 110-26
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