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36 U.S.C. § 70102 — Organization

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Fleet Reserve Association, a Pennsylvania nonprofit, receives a federal charter under this chapter. If the Association ever fails to follow any part of this chapter, that charter expires.

(a) Federal Charter. The Fleet Reserve Association — called "the corporation" in this chapter — is a nonprofit corporation set up in Pennsylvania. This chapter gives it a federal charter. (b) Expiration of Charter. If the corporation fails to follow any part of this chapter, the charter this chapter grants expires.
the actual law source: uscode.house.gov ↗public domain
(a)Federal Charter.—

Fleet Reserve Association (in this chapter, the “corporation”), a nonprofit corporation incorporated in Pennsylvania, is a federally chartered corporation.

(b)Expiration of Charter.—

If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1347; Pub. L. 106–398, § 1 [[div. A], title X, § 1087(g)(4)], Oct. 30, 2000, 114 Stat. 1654, 1654A–294.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1347
  • 2000Amended · Pub. L. 106-398 · 114 Stat. 1654, 1654

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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