U.S. Code » Title 15 » Chapter CHAPTER 13— TEXTILE FOUNDATION

15 U.S.C. § 504

Powers of Foundation

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The corporation—(a) Shall have perpetual succession;(b) May sue and be sued;(c) May adopt a corporate seal and alter it at pleasure;(d) May adopt and alter bylaws;(e) May appoint officers and agents;(f) May acquire by purchase, devise, bequest, gift, or otherwise, and hold, encumber, convey, or otherwise dispose of, such real and personal property as may be necessary or appropriate for its corporate purposes;(g) May invest and reinvest the principal and interest of its funds; and(h) Generally, may do any and all lawful acts necessary or appropriate to carry out the purposes for which the corporation is created.(June 10, 1930, ch. 440, § 4, 46 Stat. 540.)
Notes of Decisions
Cited in 4 cases (2 in the last 5 years), 2001–2024 · leading case: Graduate Mgmt. Admission Council v. Raju, 267 F. Supp. 2d 505 (E.D. Va. 2003).
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Graduate Mgmt. Admission Council v. Raju, 267 F. Supp. 2d 505 (E.D. Va. 2003). “See 15 U.S.C. § 504 (c)(2). GMAC seeks the maximum statutory damages for each of the copyrighted test forms whose contents were copied by Raju, twenty-two(22) in all.”
New Line Cinema Corp. v. Russ Berrie & Co., 161 F. Supp. 2d 293 (S.D.N.Y. 2001). “Pursuant to 15 U.S.C. § 504 (b), New Line is generally entitled to recover its actual damages (if any), as well as the profits made by RUSS resulting from the copyright infringement.”
Stokes v. MilkChocolateNYC LLC (S.D.N.Y. 2023). “On June 20, 2023, Judge Lehrburger issued a Report, recommending that the Court enter default judgment in favor of Stokes and award Stokes $30,000 in statutory damages pursuant to 15 U.S.C. § 504 (c), $4,583 in attorneys’ fees, $576 in costs, and no pre-judgment interest.”
A. Perry Designs & Builds, P.C. v. J. Paul Builders, LLC (D. Maryland 2024). “15 U.S.C. § 504 (c)(1); see also Fed. R. Civ.”
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