US Supreme Court Decisions On-Line | US Laws

§ 817. —  Limitations.

[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 2USC817]

                          TITLE 2--THE CONGRESS
Sec. 817. Limitations

(a) In general

    Subject to such limitations as may be provided for under this 
section, the Board may take such actions and make such expenditures as 
may be necessary to carry out the Congressional Recognition for 
Excellence in Arts Education Awards Program, except that the Board shall 
carry out its functions and make expenditures with only such resources 
as are available to the Board from the Congressional Recognition for 
Excellence in Arts Education Awards Trust Fund under section 817c of 
this title.

(b) Contracts

    The Board may enter into such contracts as may be appropriate to 
carry out the business of the Board, but the Board may not enter into 
any contract which will obligate the Board to expend an amount greater 
than the amount available to the Board for the purpose of such contract 
during the fiscal year in which the expenditure is made.

(c) Gifts

    The Board may seek and accept, from sources other than the Federal 
Government, funds and other resources to carry out the Board's 
activities. The Board may not accept any funds or other resources that 
        (1) donated with a restriction on their use unless such 
    restriction merely provides that such funds or other resources be 
    used in furtherance of the Congressional Recognition for Excellence 
    in Arts Education Awards Program; or
        (2) donated subject to the condition that the identity of the 
    donor of the funds or resources shall remain anonymous.

(d) Volunteers

    The Board may accept and utilize the services of voluntary, 
uncompensated personnel.

(e) Real or personal property

    The Board may lease (or otherwise hold), acquire, or dispose of real 
or personal property necessary for, or relating to, the duties of the 

(f) Prohibitions

    The Board shall have no power--
        (1) to issue bonds, notes, debentures, or other similar 
    obligations creating long-term indebtedness;
        (2) to issue any share of stock or to declare or pay any 
    dividends; or
        (3) to provide for any part of the income or assets of the Board 
    to inure to the benefit of any director, officer, or employee of the 
    Board except as reasonable compensation for services or 
    reimbursement for expenses.

(Pub. L. 96-114, title II, Sec. 208, as added Pub. L. 106-533, 
Sec. 1(a), Nov. 22, 2000, 114 Stat. 2551.)

                  Section Referred to in Other Sections

    This section is referred to in section 817c of this title.

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