§ 152401. Organization
§ 152401.
Organization
(a)
Federal Charter.—
The National Recording Preservation Foundation (in this chapter, the “corporation”) is a federally chartered corporation.
(b)
Nature of Corporation.—
The corporation is a charitable and nonprofit corporation and is not an agency or establishment of the United States Government.
(c)
Perpetual Existence.—
Except as otherwise provided, the corporation has perpetual existence.