36 U.S.C. § 220305 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 139 words · no verdicts yet

in plain englishAI-generated · not legal advice

The U.S. Capitol Historical Society can adopt bylaws, own and manage property, and make contracts. It can also sell commemorative items, collect membership dues, run fundraising campaigns, and do anything else needed to carry out its purposes.

The corporation may— (1) adopt and amend a constitution and bylaws to manage its property and regulate its affairs; (2) adopt and alter a corporate seal; (3) choose officers, managers, and agents as its activities require; (4) make contracts; (5) acquire, own, lease, mortgage, and transfer property as needed to carry out its purposes; (6) borrow money, issue debt instruments, and secure its obligations with security interests in its property; (7) produce, buy, and sell commemorative medals, souvenirs, publications, pictures, and films consistent with its purposes; (8) charge and collect membership dues; (9) run fundraising campaigns and accept contributions; (10) sue and be sued; and (11) do any other act necessary and proper to carry out its purposes.

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

The corporation may—

(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)

choose officers, managers, and agents as the activities of the corporation require;

(4)

make contracts;

(5)

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

(6)

borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;

(7)

produce, buy, and market commemorative medals, souvenirs, publications, pictures, and cinemas consistent with the purposes of the corporation;

(8)

charge and collect membership dues;

(9)

conduct fund raising campaigns and accept contributions;

(10)

sue and be sued; and

(11)

do any other act necessary and proper to carry out the purposes of the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1464.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1464

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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