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36 U.S.C. § 120105Powers

submitted 18 years ago by Pub. L. 110-254 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 23 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law limits the corporation's powers. The corporation only has the powers listed in its bylaws and articles of incorporation. Those documents must be filed in every state where the corporation is incorporated.

This section limits what the corporation can do. It has only the powers spelled out in two places: its bylaws, and its articles of incorporation. Those articles of incorporation must be filed in each state where the corporation is incorporated.
the actual law source: uscode.house.gov ↗public domain

The corporation has only those powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.

Source credit: (Added Pub. L. 110–254, § 1(a)(2), June 30, 2008, 122 Stat. 2420.)

history & why it existsrecord from the source credit
  • 2008Enacted · Pub. L. 110-254 · 122 Stat. 2420

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-254 on 2008-06-30.

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