gifts

gifts Sec. 127. [12 U.S.C. 1772a] The Board is authorized to accept gifts of money made unconditionally by will or otherwise for the carrying out of any of the functions under this Act. A conditional gift of money made by will or otherwise for such purposes may be accepted and used in accordance with its conditions, but no such gift shall be accepted which is conditioned upon any expenditure not to be met therefrom or from income thereof unless the Board determines that supplementation of such gift from the fees it may expend pursuant to sections 105 and 106 or from any funds appropriated pursuant to section 120(f)(2)(C) for the purpose of making such expenditure will not adversely affect the sound administration of this Act. Any such gift shall be deposited in the Treasury of the United States for the account of the Administration and may be expended in accordance with section 6 or as provided in the preceding sentence.