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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

in plain englishAI-generated · not legal advice

The board of directors governs the corporation and can use or delegate its powers. The board and its duties follow the bylaws. Officers and how they're elected also follow the bylaws.

(a) Board of Directors. The board of directors is the corporation's governing body. The board may exercise the corporation's powers, or arrange for them to be exercised. The board itself, and its responsibilities, are set out in the bylaws. (b) Officers. The officers, and how they are elected, are also set out in the bylaws.
the actual law source: uscode.house.gov ↗public domain
(a)Board of Directors.—

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.

(b)Officers.—

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.)

history & why it existsrecord from the source credit
  • 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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