36 U.S.C. § 40304 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation can adopt bylaws, own property, and sue or be sued. It can also set up offices around the country. It may do anything else reasonably needed for its purposes.

The corporation may (1) adopt and amend a constitution, bylaws, and regulations; (2) adopt and change a corporate seal; (3) set up and run offices in Washington, D.C., and in the states, territories, and possessions of the United States; (4) get, own, lease, mortgage, and transfer property as needed for its purposes; (5) sue and be sued; and (6) do any other lawful act reasonably needed to carry out its purposes.

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

The corporation may—

(1)

adopt and amend a constitution, bylaws, and regulations;

(2)

adopt and alter a corporate seal;

(3)

establish and maintain offices in the District of Columbia and the States, territories, and possessions of the United States to conduct its affairs;

(4)

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

(5)

sue and be sued; and

(6)

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. 1332.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1332

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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