Pub. L. 104-106, div. A, tit. XVI, subtit. A, sec. 1618

GENERAL AUTHORITIES OF THE CORPORATION.

EnactedYear: 1996Length: 198 wordsOfficial source
SEC. 1618. GENERAL AUTHORITIES OF THE CORPORATION. (a) Donations and Fees.— (1) The Corporation may solicit, accept, hold, use, and dispose of donations of money, property, and services received by gift, devise, bequest, or otherwise. (2) The Corporation may impose, collect, and retain such fees as are reasonably necessary to cover the direct and indirect costs of the Corporation to carry out the Civilian Marksmanship Program. (3) Amounts collected by the Corporation under the authority of this subsection, including the proceeds from the sale of firearms, ammunition, targets, and other supplies and appliances, may be used only to support the Civilian Marksmanship Program. (b) Corporate Seal.— The Corporation may adopt, alter, and use a corporate seal, which shall be judicially noticed. (c) Contracts.— The Corporation may enter into contracts, leases, agreements, or other transactions. (d) Obligations and Expenditures.— The Corporation may determine the character of, and necessity for, its obligations and expenditures and the manner in which they shall be incurred, allowed, and paid and may incur, allow, and pay such obligations and expenditures. (e) Related Authority.— The Corporation may take such other actions as are necessary or appropriate to carry out the authority provided in this section.
Pub. L. 104-106, div. A, tit. XVI, subtit. A, sec. 1618: GENERAL AUTHORITIES OF THE CORPORATION. | Justis AI