§ 4602. — Gifts and bequests.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC4602]
TITLE 16--CONSERVATION
CHAPTER 66--TAKE PRIDE IN AMERICA PROGRAM
Sec. 4602. Gifts and bequests
(a) Authority
The Secretary may solicit, accept, hold, administer, invest in
government securities, and use gifts and bequests of money and other
personal property to aid or facilitate the purposes of the TPIA Program.
Property so donated and accepted shall not be subject to sequestration.
(b) Accounting
The Secretary shall maintain a full accounting of such gifts and
bequests.
(c) Treatment of donations, etc.
For purposes of Federal law, property accepted pursuant to this
section shall be considered as a gift, bequest, or devise to the United
States.
(d) Use of property
Any property and the proceeds thereof shall be used as nearly as
practicable in accordance with the terms of the gift or bequest.
(Pub. L. 101-628, title XI, Sec. 1103, Nov. 28, 1990, 104 Stat. 4502.)