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36 U.S.C. § 153903 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation may adopt governing documents and a seal. It may hold United States real and personal property only as needed for its purposes and only up to $50,000.

The corporation may—
(1) adopt a constitution and bylaws;
(2) adopt a seal; and
(3) hold real and personal property in the United States, but only as necessary to carry out its purposes and only up to a total amount of $50,000.

the actual law source: uscode.house.gov ↗public domain

The corporation may—

(1)

adopt a constitution and bylaws;

(2)

adopt a seal; and

(3)

hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1431.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1431

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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