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36 U.S.C. § 150107Powers

submitted 28 years ago by Pub. L. 105-225 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. It may only use powers listed in its bylaws and articles of incorporation. Those documents must be filed in each State where it is incorporated.

This section limits what the corporation may do. The corporation only has the powers written in its bylaws and articles of incorporation. Those bylaws and articles must be filed in each State where the corporation is incorporated. The corporation cannot use powers beyond what those documents allow.
the actual law source: uscode.house.gov ↗public domain

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

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1387.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1387

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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