36 U.S.C. § 70703 — Governing body
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 141 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The board of trustees is the governing body of the corporation. The board shall exercise the powers granted to the corporation.
The board shall consist of at least 9 but not more than 19 members. A vacancy on the board shall be filled by decision of the remaining members of the board.
The board shall adopt a seal under which all acts of the corporation shall be passed and authenticated.
The board shall elect officers the board considers necessary, including a treasurer, for the term and at the compensation the board decides, as provided in the bylaws.
The treasurer shall give a bond as provided in the bylaws.
The board may remove an officer, employee, or agent of the corporation for a cause provided in the bylaws.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1354.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1354
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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