§ 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
CHAPTER 19--CONGRESSIONAL AWARD PROGRAM
SUBCHAPTER II--CONGRESSIONAL RECOGNITION FOR EXCELLENCE IN ARTS
EDUCATION
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
are--
(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
Board.
(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.
