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16 U.S.C. § 831gPrincipal office of Corporation; books; directors’ oath

submitted 93 years ago by ch. 32 to r/title-16-CONSERVATION · 114 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires the Corporation’s principal office to be near Muscle Shoals, Alabama, and treats it as a resident of Alabama’s northern judicial district for civil-suit venue. It requires accurate account books and an oath from each Board member.

(a) Location The Corporation must maintain its principal office in the immediate vicinity of Muscle Shoals, Alabama. The Corporation must be held to be an inhabitant and resident of the northern judicial district of Alabama within the meaning of the laws of the United States relating to the venue of civil suits. (b) Account books The Corporation must at all times maintain complete and accurate books of accounts. (c) Oath of office Each member of the Board, before entering upon the duties of his office, must subscribe to an oath (or affirmation) to support the Constitution of the United States and to faithfully and impartially perform the duties imposed upon him by this chapter.
the actual law source: uscode.house.gov ↗public domain
(a) Location

The Corporation shall maintain its principal office in the immediate vicinity of Muscle Shoals, Alabama. The Corporation shall be held to be an inhabitant and resident of the northern judicial district of Alabama within the meaning of the laws of the United States relating to the venue of civil suits.

(b) Account books

The Corporation shall at all times maintain complete and accurate books of accounts.

(c) Oath of office

Each member of the Board, before entering upon the duties of his office, shall subscribe to an oath (or affirmation) to support the Constitution of the United States and to faithfully and impartially perform the duties imposed upon him by this chapter.

Source credit: (May 18, 1933, ch. 32, § 8, 48 Stat. 63; Pub. L. 108–447, div. C, title VI, § 603(a)(2), Dec. 8, 2004, 118 Stat. 2966.)

history & why it existsrecord from the source credit
  • 1933Enacted · Act of May 18, 1933, ch. 32 · 48 Stat. 63
  • 2004Amended · Pub. L. 108-447 · 118 Stat. 2966

A history note hasn’t been published yet. The record shows enactment by ch. 32 on 1933-05-18.

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