§ 276bb. — Acceptance of funds and property from Mrs. Kermit Roosevelt; purpose and use; disbursement and investment of fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC276bb]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER III--KERMIT ROOSEVELT FUND
Sec. 276bb. Acceptance of funds and property from Mrs. Kermit
Roosevelt; purpose and use; disbursement and investment of fund
The board is authorized to accept from Mrs. Kermit Roosevelt such
money and property as she may tender, to receipt therefor on behalf of
the United States, and to deposit the funds so received in the Treasury
of the United States as the original corpus of a trust fund, to be known
as the Kermit Roosevelt fund, which shall be used for the purpose of
fostering a better understanding and a closer relationship between the
military forces of the United States and those of the United Kingdom by
sponsoring lectures or courses of instruction to be delivered by
officers of the British Army at the United States Military Academy and
elsewhere in the United States and by officers of the United States Army
at Sandhurst Royal Military College and elsewhere in the United Kingdom
or, should such exchange lectures prove or become impracticable or
unnecessary for any reason, by such other application of the funds as
the board, with the approval of the Secretary of the Army may determine.
The original corpus of the fund and the income therefrom may be
disbursed at the discretion of the board in furtherance of the stated
purpose, and shall be subject to investment and reinvestment as provided
in section 276cc of this title.
(July 2, 1945, ch. 228, Sec. 2, 59 Stat. 316; July 26, 1947, ch. 343,
title II, Sec. 205(a), 61 Stat. 501.)
Codification
Section was formerly classified to section 225 of Title 5 prior to
the general revision and enactment of Title 5, Government Organization
and Employees, by Pub. L. 89-554, Sec. 1, Sept. 6, 1966, 80 Stat. 378.
Change of Name
Department of War designated Department of the Army and title of
Secretary of War changed to Secretary of the Army by section 205(a) of
act July 26, 1947, ch. 343, title II, 61 Stat. 501. Section 205(a) of
act July 26, 1947, was repealed by section 53 of act Aug. 10, 1956, ch.
1041, 70A Stat. 641. Section 1 of act Aug. 10, 1956, enacted ``Title 10,
Armed Forces'' which in sections 3010 to 3013 continued Department of
the Army under administrative supervision of Secretary of the Army.
Section Referred to in Other Sections
This section is referred to in sections 276aa, 276dd, 276ee of this
title.
