Page:United States Statutes at Large Volume 110 Part 1.djvu/544

 110 STAT. 520 PUBLIC LAW 104-106—FEB. 10, 1996 of the National Guard and Army Reserve to support the National Matches as part of the performance of annual training pursuant to titles 10 and 32, United States Code. (c) USE OF DEPARTMENT OF DEFENSE FACILITIES FOR NATIONAL MATCHES. — The National Matches may continue to be held at those Department of Defense facilities at which the National Matches were held before the date of the enactment of this Act. (d) REGULATIONS.—The Secretary shall prescribe regulations to carry out this section. 36 USC 5508. 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. 36 USC 5509. SEC. 1619. DISTRIBUTION OF CORPORATE ASSETS IN EVENT OF DIS- SOLUTION. (a) DISTRIBUTION.— If the Corporation dissolves, then— (1) upon the dissolution of the Corporation, title to all firearms stored at Anniston Army Depot, Anniston, Alabama, on the date of the dissolution, all M-16 rifles that are transferred to the Corporation under section 1615(a)(2), that are referred to in section 1616(a)(3), or that are otherwise under the control of the Corporation, and all trophies received by the Corporation from the National Board for the Promotion of Rifle Practice as of such date, shall vest in the Secretary of the Army, and the Secretary shall have the immediate right to the possession of such items; (2) assets of the Corporation, other than assets described in paragraph (1), may be distributed by the Corporation to an organization that— (A) is exempt from taxation under section 501(a) of the Internal Revenue Code of 1986 as an organization described in section 501(c)(3) of such Code; and (B) performs functions similar to the functions described in section 1612(a); and (3) all assets of the Corporation that are not distributed pursuant to paragraphs (1) and (2) shall be sold, and the

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