15 U.S.C. § 6751 — National Association of Registered Agents and Brokers
submitted 11 years ago by Pub. L. 106-102 to r/title-15-COMMERCE-AND-TRADE · 101 words · no verdicts yet
This section establishes the National Association of Registered Agents and Brokers. It states the Association’s role and the conditions governing it.
(a) Establishment There is established the National Association of Registered Agents and Brokers (referred to in this subchapter as the “Association”).
(b) Status The Association must—
(1) be a nonprofit corporation;
(2) not be an agent or instrumentality of the Federal Government;
(3) be an independent organization that may not be merged with or into any other private or public entity; and
(4) except as otherwise provided in this subchapter, be subject to, and have all the powers conferred upon, a nonprofit corporation by the District of Columbia Nonprofit Corporation Act (D.C. Code, sec. 29–301.01 et seq.) or any successor thereto.
There is established the National Association of Registered Agents and Brokers (referred to in this subchapter as the “Association”).
The Association shall—
be a nonprofit corporation;
not be an agent or instrumentality of the Federal Government;
be an independent organization that may not be merged with or into any other private or public entity; and
except as otherwise provided in this subchapter, be subject to, and have all the powers conferred upon, a nonprofit corporation by the District of Columbia Nonprofit Corporation Act (D.C. Code, sec. 29–301.01 et seq.) or any successor thereto.
Source credit: (Pub. L. 106–102, title III, § 321, as added Pub. L. 114–1, title II, § 202(a), Jan. 12, 2015, 129 Stat. 13.)
- 2015Enacted · Pub. L. 106-102 · 129 Stat. 13
A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-102 on 2015-01-12.
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