(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.
Structure US Code
Title 54— NATIONAL PARK SERVICE AND RELATED PROGRAMS
Subtitle I— National Park System
DIVISION A— ESTABLISHMENT AND GENERAL ADMINISTRATION
SUBCHAPTER II— NATIONAL PARK FOUNDATION
§ 101111. Purpose and establishment of Foundation
§ 101113. Gifts, devises, or bequests
§ 101114. Disposition of property or income
§ 101119. Liability of United States
§ 101120. Promotion of local fundraising support
§ 101121. Second Century Endowment for the National Park Service