§ 276ee. — Powers of board; personal liability of members; compensation; decisions reviewable by Secretary of the Army; annual report; jurisdiction of court.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC276ee]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER III--KERMIT ROOSEVELT FUND
Sec. 276ee. Powers of board; personal liability of members;
compensation; decisions reviewable by Secretary of the Army;
annual report; jurisdiction of court
The board shall have all the usual powers of a trustee in respect to
all property administered by it, but the members of the board shall not
be personally liable, except for misfeasance, on account of any acts
performed in their trust capacity. The members of the board shall not be
required to furnish bond, and no additional compensation shall accrue to
any of them on account of their duties as trustees. Within the limits
prescribed by sections 276bb to 276dd of this title, the administration,
control, and expenditure of this fund and its application to the
purposes intended shall be according to the sole discretion of the
board, and the exercise of its discretion and authority in regard
thereto and its decisions thereon, including any payments made or
authorized by it to be made from the Kermit Roosevelt fund, shall not be
subject to review except by the Secretary of the Army, to whom the board
shall, on the 1st day of January, each year, render a full report of its
activities during the preceding twelve months. The actions of the board
shall not be subject to judicial review except in an action brought in
the United States District Court for the District of Columbia, which is
given jurisdiction of such suits, for the purpose of enforcing the
provisions of any trust accepted by the board.
(July 2, 1945, ch. 228, Sec. 5, 59 Stat. 317; July 26, 1947, ch. 343,
title II, Sec. 205(a), 61 Stat. 501.)
Codification
Section was formerly classified to section 228 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act July 26, 1947, was repealed by section 53 of act Aug. 10, 1956, ch.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.