§ 19i. — Corporate succession; powers and duties of trustee; suits; personal liability for malfeasance.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC19i]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER III--NATIONAL PARK FOUNDATION
Sec. 19i. Corporate succession; powers and duties of trustee;
suits; personal liability for malfeasance
The Foundation shall have perpetual succession, with all the usual
powers and obligations of a corporation acting as a trustee, including
the power to sue and to be sued in its own name, but the members of the
Board shall not be personally liable, except for malfeasance.
(Pub. L. 90-209, Sec. 5, Dec. 18, 1967, 81 Stat. 657.)