36 U.S.C. § 130504 — Governing body
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 139 words · no verdicts yet
The board governs the corporation, handles general policies and programs between meetings, and controls all funds. It must have at least 13 directors. The listed officers are elected each year at the annual meeting, and their duties come from the constitution and bylaws.
The board of directors is the governing body of the corporation. Between meetings of the corporation, the board is responsible for the general policies and program of the corporation. The board is responsible for the control of all funds of the corporation.
The number of directors, their manner of selection (including the filling of vacancies), and their term of office are as provided in the constitution and bylaws of the corporation. However, the board shall have at least 13 directors.
The officers of the corporation are a chairman of the board of directors, a president, a vice president, and a secretary-treasurer. Their duties are as provided in the constitution and bylaws of the corporation.
The officers shall be elected annually at the annual meeting of the corporation.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1377.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1377
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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