36 U.S.C. § 150706 — Powers
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 158 words · no verdicts yet
The corporation can adopt bylaws, a seal, and emblems, hire staff, and make contracts. It can own and borrow against property, give citizenship awards, publish materials, and sue or be sued.
The corporation may—
adopt and amend bylaws and regulations for the management of its property and the regulation of its affairs, including the establishment and maintenance of local and State conferences on citizenship;
adopt and alter a corporate seal;
adopt emblems and badges;
choose officers, managers, employees, and agents as the activities of the corporation require;
make contracts;
acquire, own, lease, encumber, and transfer property as necessary 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;
use corporate funds to give prizes or awards to citizens for outstanding contributions toward the achievement of the purposes of the corporation;
publish a magazine and other publications consistent with the purposes of the corporation;
sue and be sued; and
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. 1393.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1393
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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