36 U.S.C. § 70504 — Governing body
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 65 words · no verdicts yet
This section addresses governing body. It sets the rules stated in the explanation.
(a) The board of directors governs the corporation and may exercise or arrange for exercise of its powers. The bylaws set the board and its responsibilities. (b) The bylaws set the officers and their election.
The board of directors is the governing body of the corporation. The board may exercise, or provide for the exercise of, the powers of the corporation. The board of directors and the responsibilities of the board are as provided in the bylaws.
The officers and the election of the officers are as provided for in the bylaws.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1352; Pub. L. 119–57, § 4, Dec. 12, 2025, 139 Stat. 711.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1352
- 2025Amended · Pub. L. 119-57 · 139 Stat. 711
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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