20 U.S.C. § 974
Indemnity limits
United States · Title 20 — EDUCATION · Status: effective
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- Citation
- 20 U.S.C. § 974, Indemnity limits, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/451871
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Full text
Upon receipt of an application meeting the requirements of subsections (a) and (b) of section 973 of this title, the Council shall review the estimated value of the items for which coverage by an indemnity agreement is sought. If the Council agrees with such estimated value, for the purposes of this chapter, the Council shall, after approval of the application as provided in subsection (c) of section 973 of this title, make an indemnity agreement.
The aggregate of loss or damage covered by indemnity agreements made under this chapter shall not exceed $15,000,000,000 at any one time for international exhibitions, and $7,500,000,000 at any one time for domestic exhibitions.
No indemnity agreement for a single exhibition shall cover loss or damage in excess of $1,800,000,000 for international exhibitions, or $1,000,000,000 for domestic exhibitions.
If the estimated value of the items covered by an indemnity agreement for a single exhibition is—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Arts and Artifacts Indemnity ActHouse: no recorded tallySenate: no recorded tally
- An act to amend the National Foundation on the Arts and the Humanities Act of 1965 and the Museum Services Act to extend the authorization of appropriations contained in such Acts, to amend the Arts and Artifacts Indemnity Act to make certain changes in the coverage provisions of such Act, and for other purposes.House: no recorded tallySenate: no recorded tally
- Arts, Humanities, and Museums Amendments of 1985House: no recorded tallySenate: no recorded tally
- A joint resolution making further continuing appropriations for the fiscal year 1988, and for other purposes.House: no recorded tallySenate: no recorded tally
- Department of the Interior and Related Agencies Appropriations Act, 1991
- Omnibus Consolidated and Emergency Supplemental Appropriations Act, 1999
- Museum and Library Services Act of 2003House: 416–2Senate: no recorded tally
- Department of the Interior, Environment, and Related Agencies Appropriations Act, 2006
- Consolidated Appropriations Act, 2008
- Consolidated and Further Continuing Appropriations Act, 2015House: 219–206Senate: no recorded tally