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36 U.S.C. § 130105 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 107 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law lists what the Ladies of the Grand Army of the Republic can do. It can adopt bylaws, hire staff, make contracts, own property, borrow money, and sue or be sued. It can also do anything else necessary to carry out its purposes.

The corporation may: (1) adopt and amend a constitution and bylaws to manage its property and run its affairs; (2) adopt and change a corporate seal; (3) choose officers, managers, agents, and employees as its activities require; (4) make contracts; (5) acquire, own, lease, mortgage, and transfer property as necessary or useful for its purposes; (6) borrow money, issue debt instruments, and secure its debts with security interests in its property; (7) sue and be sued; and (8) do any other act necessary and proper to carry out its purposes.
the actual law source: uscode.house.gov ↗public domain

The corporation may—

(1)

adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;

(2)

adopt and alter a corporate seal;

(3)

choose officers, managers, agents, and employees as the activities of the corporation require;

(4)

make contracts;

(5)

acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;

(6)

borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;

(7)

sue and be sued; and

(8)

do any other act necessary and proper to carry out the purposes of the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1372.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1372

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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