16 USC 450ss-3 - Transfer of Memorial property, rights, authorities, and duties

U.S Code last checked for updates: Nov 22, 2024

§ 450ss–3.

Transfer of Memorial property, rights, authorities, and duties

(a)

Transfer of Memorial property

(1)

In general

Not later than 90 days after January 23, 2004, the Trust shall transfer to the Foundation—

(A)

all assets of the Trust, including all real and personal property of the Memorial, any appurtenances, buildings, facilities, monuments, contents, artifacts, contracts and contract rights, accounts, deposits, intangibles, trademarks, trade names, copyrights, all other intellectual property, all other real and personal property of every kind and character comprising the Memorial, and any amounts appropriated for the Trust;

(B)

any property owned by the Trust that is adjacent or related to the Memorial; and

(C)

all property maintained for the Memorial, together with all rights, authorities, and duties relating to the ownership, administration, operation, and management of the Memorial.

(2)

Subsequent gifts

(b)

Assumption of Trust obligations

(c)

Dissolution of Trust

Not later than 30 days after the transfer under subsection (a) is completed—

(1)

the Trust shall be dissolved; and

(2)

the Trust shall notify the Secretary of the date of dissolution.

(d)

Authority to enter into agreements

(e)

General Services Administration authority

(f)

Limitation

(Pub. L. 105–58, § 5, Oct. 9, 1997, 111 Stat. 1262; Pub. L. 108–199, div. F, title V, § 544(d), Jan. 23, 2004, 118 Stat. 347.)

cite as: 16 USC 450ss-3