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36 U.S.C. § 153705 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 66 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation may adopt governing documents and a seal, choose officers, contract, manage property, and sue or be sued.

The corporation may— (1) adopt and change a constitution and bylaws for managing its property and regulating its affairs; (2) adopt and change a corporate seal; (3) choose the officers it requires; (4) make contracts; (5) acquire, own, lease, place liens or other burdens on, and transfer property as necessary or convenient to carry out its purposes; and (6) sue and be sued.
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 as the corporation requires;

(4)

make contracts;

(5)

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

(6)

sue and be sued.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1429.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1429

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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