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36 U.S.C. § 20706Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 23 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation only has the powers listed in its bylaws and articles of incorporation. It cannot act beyond those documents.

The corporation only has the powers given to it in its own bylaws and articles of incorporation. Those documents are filed in each state where the corporation is incorporated. The corporation cannot do anything outside of what those filed documents allow.
the actual law source: uscode.house.gov ↗public domain

The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1289.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1289

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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