36 U.S.C. § 22304 — Governing body

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 143 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation's board of directors runs it between member meetings, setting policy and controlling fundraising. The corporation's constitution and bylaws decide how many directors there are and how they are chosen. Officers include a president, vice presidents, a secretary, and a treasurer, chosen as the bylaws describe.

(a) Board of Directors. (1) The board of directors runs the corporation. Between member meetings, the board sets the corporation's general policies and programs. It also controls how the corporation's contributions — the money it raises — are used. (2) How many directors there are, how they are chosen, how empty seats are filled, and how long they serve are all decided by the corporation's own constitution and bylaws, not by this law. (b) Officers. (1) The corporation's officers are a president, one or more vice presidents, a secretary, a treasurer, and one or more assistant secretaries and assistant treasurers. The exact number of vice presidents, assistant secretaries, and assistant treasurers is set by the constitution and bylaws. (2) How officers are elected, how long they serve, and what their jobs are is also set by the constitution and bylaws.

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

(a)Board of Directors.—

(1)

The board of directors is the governing body of the corporation. Between meetings of the members of the corporation, the board is responsible for the general policies and program of the corporation and for the control of contributions raised by the corporation.

(2)

The number of directors, their manner of selection (including the filling of vacancies), and their term of office are as provided in the constitution and bylaws of the corporation.

(b)Officers.—

(1)

The officers of the corporation are a president, one or more vice presidents as provided in the constitution and bylaws, a secretary, a treasurer, and one or more assistant secretaries and assistant treasurers as provided in the constitution and bylaws.

(2)

The manner of election, term of office, and duties of the officers are as provided in the constitution and bylaws.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1302.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1302

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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