Page:United States Statutes at Large Volume 98 Part 3.djvu/279

 PUBLIC LAW 98-525—OCT. 19, 1984

98 STAT. 2651

DEFINITIONS

SEC. 1703. As used in this title, the term— (1) "Institute" means the United States Institute of Peace established by this title; and (2) "Board" means the Board of Directors of the Institute.

22 USC 4602.

ESTABLISHMENT OF THE INSTITUTE

SEC. 1704. (a) There is hereby established the United States Insti- 22 USC 4603. tute of Peace. (b) The Institute is an independent nonprofit corporation and an Corporation. organization described in section 170(c)(2)(B) of the Internal Revenue 26 USC 170. Code of 1954. The Institute does not have the power to issue any Securities. shares of stock or to declare or pay any dividends. (c) As determined by the Board, the Institute may establish, under Endowment of the laws of the District of Columbia, a legal entity which is capable the United States Institute of receiving, holding, and investing public funds for purposes in of Peace, furtherance of the Institute under this title. The Institute may designation. designate such legal entity as the "Endowment of the United States Institute for Peace". (d) The Institute is liable for the acts of its directors, officers, employees, and agents when acting within the scope of their authority. (e)(1) The Institute has the sole and exclusive right to use and to allow or refuse others the use of the terms "United States Institute of Peace", "Jennings Randolph Program for International Peace", and "Endowment of the United States Institute of Peace" and the use of any official United States Institute of Peace emblem, badge, seal, and other mark of recognition or any colorable simulation thereof. No powers or privileges hereby granted shall interfere or Prohibition. conflict with established or vested rights secured as of September 1, 1981. (2) Notwithstanding any other provision of this title, the Institute may use "United States" or "U.S." or any other reference to the United States Government or Nation in its title or in its corporate seal, emblem, badge, or other mark of recognition or colorable simulation thereof in any fiscal year only if there is an authorization of appropriations for the Institute for such fiscal year provided by law. POWERS AND DUTIES

SEC. 1705. (a) The Institute may exercise the powers conferred upon a nonprofit corporation by the District of Columbia Nonprofit Corporation Act consistent with this title, except for section 5(o) of the District of Columbia Nonprofit Corporation Act (D.C. Code, sec. 29-1005(0)). (b) The Institute, acting through the Board, may— (1) establish a Jennings Randolph Program for International Peace and appoint, for periods up to two years, scholars and leaders in peace from the United States and abroad to pursue scholarly inquiry and other appropriate forms of communication on international peace and conflict resolution and, as appropriate, provide stipends, grants, fellowships, and other support to the leaders and scholars;

22 USC 4604.

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