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36 U.S.C. § 154303 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 125 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation may adopt bylaws and a seal, select officers and agents, choose a board of 5 to 15 trustees, operate offices, manage property, collect dues and contributions, sue or be sued, and take other necessary or appropriate actions for its purposes.

The corporation may—
(1) adopt and change bylaws;
(2) adopt and change a corporate seal;
(3) appoint or elect officers and agents;
(4) choose a board of trustees of at least 5 and no more than 15 people to conduct the corporation's business and use its powers;
(5) establish and maintain offices for its activities;
(6) acquire, own, lease, place liens or other burdens on, and transfer property as necessary or appropriate for its purposes;
(7) charge and collect membership dues and receive money or property contributions to be used for its purposes;
(8) sue and be sued; and
(9) take any other action necessary or appropriate to carry out its purposes.

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

The corporation may—

(1)

adopt and amend bylaws;

(2)

adopt and alter a corporate seal;

(3)

appoint or elect officers and agents;

(4)

choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;

(5)

establish and maintain offices to conduct its activities;

(6)

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

(7)

charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;

(8)

sue and be sued; and

(9)

do any other act necessary or appropriate to carry out the purposes of the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1434.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1434

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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