§ 17.01-1 Basis and purpose.
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Title 33 CFR: Navigation and Navigable Waters › Chapter I: COAST GUARD, DEPARTMENT OF HOMELAND SECURITY › Part 17: UNITED STATES COAST GUARD GENERAL GIFT FUND › Subpart 17.01: Subpart 17.01—General Provisions › § 17.01-1: § 17.01-1 Basis and purpose.
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In accordance with 10 U.S.C. 2601 (formerly the Act of March 11, 1948, secs. 1, to 4, 62 Stat. 71, 72); and Treasury Department Order No. 167-1, dated January 16, 1953 (18 FR 671), the regulations in this part are hereby prescribed to provide for the acceptance and subsequent use of gifts, devises, or bequests of property, real or personal, made on the condition that they be used for the benefit of, or in connection with, the establishment, operation, maintenance, or administration of any school, hospital, library, museum, chapel, or other institution or organization under the jurisdiction of the United States Coast Guard.
[CGFR 61-36, 26 FR 9321, Oct. 3, 1961]
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