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36 U.S.C. § 31104Governing body

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 144 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Governing body. It assigns the listed duties, permissions, limits, or procedures to the people and organizations identified in the section.

(a) Board of Directors .— (1) The board of directors is the governing body of the corporation. The powers, duties, and responsibilities of the board are as provided in the constitution and bylaws of the corporation. (2) The number of directors is as provided in the constitution of the corporation. Their manner of selection (including the filling of vacancies) and their term of office are as provided in the constitution and bylaws. (b) Officers .— (1) The officers of the corporation are a chairman of the board of directors, 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.
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. The powers, duties, and responsibilities of the board are as provided in the constitution and bylaws of the corporation.

(2)

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

(b)Officers.—
(1)

The officers of the corporation are a chairman of the board of directors, 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. 1327.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1327

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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