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36 U.S.C. § 154303Powers

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, appoint officers, and choose a 5-to-15-member board of trustees. It can also collect dues, manage property, and sue or be sued.

The corporation may: (1) Adopt and amend bylaws. (2) Adopt and change a corporate seal. (3) Appoint or elect officers and agents. (4) Choose a board of trustees, made up of at least 5 but not more than 15 individuals, to run the corporation's business and use its powers. (5) Set up and maintain offices to run its activities. (6) Buy, own, lease, borrow against, or transfer property as necessary or appropriate for its purposes. (7) Charge and collect membership dues, and accept money or property contributions, to use for its purposes. (8) Sue others and be sued by them. (9) Do any other lawful act 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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