§ 55. — Acceptance of other sums.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 20USC55]
TITLE 20--EDUCATION
CHAPTER 3--SMITHSONIAN INSTITUTION, NATIONAL MUSEUMS AND ART GALLERIES
SUBCHAPTER I--CHARTER PROVISIONS
Sec. 55. Acceptance of other sums
The Secretary of the Treasury is authorized and directed to receive
into the Treasury, on the same terms as the original bequest of James
Smithson, such sums as the Regents may, from time to time, see fit to
deposit, not exceeding, with the original bequest, the sum of
$1,000,000. This shall not operate as a limitation on the power of the
Smithsonian Institution to receive money or other property by gift,
bequest, or devise, and to hold and dispose of the same in promotion of
the purposes thereof.
(R.S. Sec. 5591; Mar. 12, 1894, ch. 36, 28 Stat. 41.)
Codification
R.S. Sec. 5591 derived from act Feb. 5, 1867, ch. 34, Sec. 1, 14
Stat. 391.
Amendments
1894--Act Mar. 12, 1894, made limitation on deposits into the
Treasury inapplicable to receipt of gifts, bequests and devises and
dispositions of money or other property.
Section Referred to in Other Sections
This section is referred to in sections 57, 67 of this title.
