36 U.S.C. § 130505 — Powers
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 127 words · no verdicts yet
The corporation may adopt governing documents, seals, and emblems; choose personnel; contract; own or finance property; borrow; collect dues and subscription fees; sue or be sued; and take other necessary or desirable actions.
The corporation may—
adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
adopt and alter a corporate seal;
adopt, alter, and display seals, emblems, and badges;
choose directors, officers, trustees, managers, employees, and agents as the activities of the corporation require;
make contracts;
acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
charge and collect membership dues and subscription fees;
sue and be sued; and
do any other act necessary or desirable to carry out the purposes 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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