Page:United States Statutes at Large Volume 113 Part 1.djvu/262

 113 STAT. 238 PUBLIC LAW 106-50—AUG. 17, 1999 Establishment. Deadline. Effective date. Establishment. by the provisions of this section, and such incidental powers as shall be necessary. "(8) To solicit, receive, and disburse funds from private, Federal, State and local organizations. "(9) To accept and employ or dispose of in furtherance of the purposes of this section any money or property, real, personal, or mixed, tangible or intangible, received by gift, devise, bequest, or otherwise. "(10) To accept voluntary and uncompensated services. " (e) CORPORATE FUNDS. — "(1) DEPOSIT OF FUNDS.— The Board of Directors shall deposit all funds of the Corporation in federally cheirtered and insured depository institutions until such fluids are disbursed under paragraph (2). "(2) DISBURSEMENT OF FUNDS.— Funds of the Corporation may be disbursed only for purposes that are— "(A) approved by the Board of Directors by a recorded vote with a quorum present; and "(B) in accordance with the purposes of the Corporation as specified in subsection (b). "(f) NETWORK OF INFORMATION AND ASSISTANCE CENTERS. — In carrying out the purpose described in subsection (b), the Corporation shall establish and maintain a network of information and assistance centers for use by veterans and the public. "(g) ANNUAL REPORT.— On or before October 1 of each year, the Board of Directors shall transmit a report to the President and the Congress describing the activities and accomplishments of the Corporation for the preceding year and the Corporation's findings regarding the efforts of Federal, State and private orgeinizations to assist veterans in the formation and expeuision of small business concerns. "(h) ASSUMPTION OF DUTIES OF ADVISORY COMMITTEE.— On October 1, 2004, the Corporation established under this section shall assume the duties, responsibilities, and authority of the Advisory Committee on Veterans Affairs established under section 203 of this Act. "(i) USE OF MAILS.—The Corporation may use the United States mails in the same manner and under the same conditions as the departments and agencies of the United States. " (j) PROFESSIONAL CERTIFICATION ADVISORY BOARD.— "(1) IN GENERAL.— Acting through the Board of Directors, the Corporation shall establish a Professional Certification Advisory Board to create uniform guidelines and standards for the professional certification of members of the Armed Services to aid in their efficient and orderly transition to civilian occupations and professions and to remove potential bgirriers in the areas of licensure and certification. "(2) MEMBERSHIP.— The members of the Advisory Board shall serve without compensation, shall meet in the District of Columbia no less than quarterly, and shall be appointed by the Board of Directors as follows: "(A) PRIVATE SECTOR MEMBERS.—The Corporation shall appoint not less than seven members for terms of 2 years to represent private sector organizations and associations, including the American Association of Community Colleges, the Society for Human Resource Managers, the Coalition

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