---
kind: "section"
citation: "15 U.S.C. § 205g"
title: "15"
title_heading: "Commerce and Trade"
number: "205g"
heading: "Gifts, donations and bequests to Board"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/205g"
units:
  - "Chapter 6 — Weights and Measures and Standard Time"
  - "Subchapter II — Metric Conversion"
---

# §205g. Gifts, donations and bequests to Board

- (a) **Authorization; deposit into Treasury and disbursement—** The [Board](/usc/15/205c.md?p=1) may accept, hold, administer, and utilize gifts, donations, and bequests of property, both real and personal, and personal services, for the purpose of aiding or facilitating the work of the [Board](/usc/15/205c.md?p=1). Gifts and bequests of money, and the proceeds from the sale of any other property received as gifts or requests, shall be deposited in the Treasury in a separate fund and shall be disbursed upon order of the [Board](/usc/15/205c.md?p=1).
- (b) **Federal income, estate, and gift taxation of property—** For purpose of Federal income, estate, and gift taxation, property accepted under [subsection (a)](#a) of this section shall be considered as a gift or bequest to or for the use of the United States.
- (c) **Investment of moneys; disbursement of accrued income—** Upon the request of the [Board](/usc/15/205c.md?p=1), the Secretary of the Treasury may invest and reinvest, in securities of the United States, any moneys contained in the fund authorized in [subsection (a)](#a) of this section. Income accruing from such securities, and from any other property accepted to the credit of such fund, shall be dispersed upon the order of the [Board](/usc/15/205c.md?p=1).
- (d) **Reversion to Treasury of unexpended funds—** Funds not expended by the [Board](/usc/15/205c.md?p=1) as of the date when it ceases to exist, in accordance with [section 205d(d) of this title](/usc/15/205d.md?p=d), shall revert to the Treasury of the United States as of such date.

## Source credit

(Pub. L. 94–168, § 8, Dec. 23, 1975, 89 Stat. 1011.)