54 U.S.C. § 101115 - U.S. Code - Unannotated Title 54. National Park Service and Related Programs § 101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance

(a)Perpetual succession.--The National Park Foundation shall have perpetual succession.

(b)Powers and duties of trustee.--The National Park Foundation shall have all the usual powers and obligations of a corporation acting as a trustee, including the power to sue and to be sued in its own name.

(c)Personal liability of Board members.--The members of the Board shall not be personally liable, except for malfeasance.