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36 U.S.C. § 70704 — Powers

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses powers. It sets the rules stated in the explanation.

The corporation may adopt and amend bylaws; adopt and change a seal; employ needed people; acquire, own, lease, encumber, and transfer property; sue and be sued; and do other acts needed for its purposes.

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

The corporation may—

(1)

adopt and amend bylaws for the regulation of its affairs;

(2)

adopt and alter a corporate seal;

(3)

employ persons the corporation considers necessary;

(4)

acquire, own, lease, encumber, and transfer property;

(5)

sue and be sued; and

(6)

do any other act to carry out the purposes of the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1355.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1355

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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