§ 300109. — Endowment fund.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 36USC300109]
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
The endowment fund of the corporation shall be kept and invested
under the management and control of a board of nine trustees elected by
the board of governors. The board of governors shall prescribe
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.)
Historical and Revision Notes
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Revised Section Source (U.S. Code) Source (Statutes at Large)
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300109................................ 36:9. Jan. 5, 1905, ch. 23, Sec. 8, as added
June 23, 1910, ch. 372, Sec. 2, 36
Stat. 604; May 8, 1947, ch. 50, Sec.
7, 61 Stat. 83.
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The words ``from time to time'' are omitted [as] unnecessary.
