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36 U.S.C. § 170306Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 167 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation has the powers in its filed bylaws and articles of incorporation, including powers concerning governance, property, offices, publications, money, auxiliaries, lawsuits, and other acts needed or desirable for its purposes. The section states this rule for the corporation.

The corporation has the powers in its bylaws and articles of incorporation filed in the State where it is incorporated, including power to: (1) adopt and amend a constitution and bylaws to manage property and regulate affairs; (2) adopt and change a corporate seal; (3) adopt emblems and badges; (4) establish, maintain, and regulate offices; (5) publish a magazine and other publications; (6) charge and collect membership dues and subscription fees and receive contributions or grants of money or property for its purposes; (7) accept gifts, legacies, and devises that advance its purposes; (8) encourage auxiliaries to form, with membership requirements set by the constitution and bylaws; (9) sue and be sued; and (10) do any other act necessary or desirable to carry out its purposes.
the actual law source: uscode.house.gov ↗public domain

The corporation has the powers provided in its bylaws and articles of incorporation filed in the State in which it is incorporated, including the power to—

(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)

adopt emblems and badges;

(4)

establish, maintain, and regulate offices to conduct the affairs of the corporation;

(5)

publish a magazine and other publications;

(6)

charge and collect membership dues and subscription fees and receive contributions or grants of money or property to be used to carry out the purposes of the corporation;

(7)

accept gifts, legacies, and devises that will further the purposes of the corporation;

(8)

promote the formation of auxiliaries, the membership requirements of which shall be as provided in the constitution and the bylaws of the corporation;

(9)

sue and be sued; and

(10)

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

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1443.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1443

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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