Copyright term, film labeling, and film preservation legislation : hearings before the Subcommittee on Courts and Intellectual Property of the Committee on the Judiciary, House of Representatives, One Hundred Fourth Congress, first session, on H.R. 989, H.R. 1248, and H.R. 1734 ... June 1 and July 13, 1995 (1996)

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44 21 1 SEC. 204. RIGHTS AND OBLIGATIONS OF THE FOUNDATION 2 (a) General. — The Foundation — 3 (1) shall have perpetual succession; 4 (2) may conduct business in the several States, 5 the District of Columbia, and any commonwealth, 6 territory, or possession of the United States; 7 (3) shall have its principal offices in the Dis 8 trict of Columbia; and 9 (4) shall at all times maintain a designated 10 agent authorized to accept service of process for the 1 1 Foundation. 12 The serving of notice to, or service of process upon, the 13 agent required under paragraph (4), or mailed to the busi 14 ness address of such agent, shall be deemed as service 15 upon or notice to the Foundation. 16 (b) Seal. — The Foundation shall have an official seal 17 selected by the Board which shall be judicially noticed. 18 (c) Powers. — To carry out its purposes under sec 19 tion 202, the Foundation shall have, in addition to the 20 powers otherwise given it under this title, the usual powers 21 of a corporation acting as a trvistee in the District of Co 22 lumbia, including the power — 23 (1) to accept, receive, solicit, hold, administer, 24 and use any gift, devise, or bequest, either absolutely 25 or in trust, of real or personal property or any in 26 ^ come* -therefrom or other interest therein; •HR 1734 IH