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36 U.S.C. § 21105Governing body

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 65 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation's board of directors and its duties come from the articles of incorporation. The same is true for officers and how they're elected. Nobody can be blocked from holding office because of race, color, religion, or national origin.

(a) Board of Directors: The corporation's articles of incorporation set up the board of directors. Those articles also spell out what the board is responsible for. (b) Officers: The articles of incorporation also cover the corporation's officers. They explain who the officers are and how the corporation elects them. (c) Nondiscrimination: Nobody can be kept from holding office in the corporation because of their race, color, religion, or national origin.
the actual law source: uscode.house.gov ↗public domain
(a)Board of Directors.—

The board of directors and the responsibilities of the board are as provided in the articles of incorporation.

(b)Officers.—

The officers and the election of officers are as provided in the articles of incorporation.

(c)Nondiscrimination.—

The requirements for holding office in the corporation may not discriminate on the basis of race, color, religion, or national origin.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1293.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1293

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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