20 U.S.C. § 75d : US Code - Section 75D: Acceptance of gifts; title to property

Search 20 U.S.C. § 75d : US Code - Section 75D: Acceptance of gifts; title to property

(a) The Board is authorized to accept for the Smithsonian
Institution gifts of any property for the benefit of the Gallery.
(b) Legal title to all property (except property of the United
States) held for the use or benefit of the Gallery shall be vested
in the Smithsonian Institution. Subject to any limitations
otherwise expressly provided by law, and, in the case of any gift,
subject to any applicable restrictions under the terms of such
gift, the Board is authorized to sell, exchange, or otherwise
dispose of any property of whatsoever nature held by it, and to
invest in, reinvest in, or purchase any property of whatsoever
nature for the benefit of the National Portrait Gallery.