36 U.S.C. § 220552 — Dissolution of board of directors of corporation and termination of recognition of national governing bodies
submitted 6 years ago by Pub. L. 116-189 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 90 words · no verdicts yet
This section addresses dissolution of board of directors of corporation and termination of recognition of national governing bodies. It states the duties, permissions, conditions, and limits set out in the provisions below.
(a) Dissolution of Board of Directors of Corporation .— Effective on the date of enactment of a joint resolution* described in section 220551(2)(A) about the board of directors of the corporation, such board of directors must be dissolved. (b) Termination of Recognition of National Governing Body .— Effective on the date of enactment of a joint resolution described in section 220551(2)(B) about a national governing body, the recognition of the relevant amateur sports organization as a national governing body must cease to have force or effect.
Effective on the date of enactment of a joint resolution* described in section 220551(2)(A) with respect to the board of directors of the corporation, such board of directors shall be dissolved.
Effective on the date of enactment of a joint resolution described in section 220551(2)(B) with respect to a national governing body, the recognition of the applicable amateur sports organization as a national governing body shall cease to have force or effect.
Source credit: (Added Pub. L. 116–189, § 5(a)(2), Oct. 30, 2020, 134 Stat. 947.)
- 2020Enacted · Pub. L. 116-189 · 134 Stat. 947
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-189 on 2020-10-30.
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