36-U.S.C.-151305

§151305 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 1513 > Section 151305

Details

• Reference: Section 151305
• Legend: §151305 – Powers
• USCode Year: 2013

Provision Content

(a) General.—The corporation may—

(1) adopt a constitution and bylaws;

(2) adopt a seal which shall be judicially noticed; and

(3) do any other act necessary to carry out this chapter.

(b) Powers as Trustee.—To carry out its purposes, the corporation has the usual powers of a corporation acting as a trustee in Maryland, including the power—

(1) to accept, receive, solicit, hold, administer, and use any gift, devise, or bequest, either absolutely or in trust, of property or any income from or other interest in the property;

(2) unless otherwise required by the instrument of transfer, to sell, donate, lease, invest, or otherwise dispose of any property or income from the property;

(3) to make contracts and other arrangements with public agencies and private organizations and persons and to make payments necessary to carry out its functions;

(4) to sue and be sued; and

(5) to do any other act necessary and proper to carry out the purposes of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1400; Pub. L. 105–354, §1(9), Nov. 3, 1998, 112 Stat. 3244.)

Subsection (a)(1) is substituted for 36:5202(g)(1)(B) for consistency in the revised title. The words consistent with this chapter are omitted as unnecessary.

Subsection (a)(2) is substituted for 36:5203(b) for consistency in the revised title.

Subsection (a)(3) is substituted for 36:5202(g)(1)(C) for consistency in the revised title.

In subsection (b), before clause (1), the words under section 5201 of this title and in addition to the powers otherwise given it under this chapter are omitted as unnecessary. In clause (1), the words real or personal are omitted as unnecessary and for consistency in the revised title. In clause (4), the words and complain and defend itself in any court of competent jurisdiction are omitted as unnecessary. In clause (5), the words any other act are substituted for any and all acts to eliminate unnecessary words.

Pub. L. 105–354

This amends section 151305(b) of title 36 to correct an inconsistency in the revised title.

Amendments

1998—Subsec. (b). Pub. L. 105–354 struck out the State of before Maryland in introductory provisions.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-151108 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-151108, find legal reference material, bibliographies and premiere content related to patriotic organizations in the American Encyclopedia of Law, presenting a comprehensive view of the United States patriotic organizations-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 36 (Patriotic And National Observances, Ceremonies, And organizations) guided by subject interests.