36-U.S.C.-200103

§200103 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 2001 > Section 200103

Details

• Reference: Section 200103
• Legend: §200103 – Powers
• USCode Year: 2013

Provision Content

The corporation may—

(1) adopt a constitution and bylaws for the management of its property and the regulation of its affairs; and

(2)(A) hold property, in the District of Columbia or elsewhere, necessary to carry out the purposes of the corporation, in an amount not to exceed $1,000,000; and

(B) hold other property donated or bequeathed in any State or territory of the United States.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1451.)

In clause (1), the words not inconsistent with law are omitted as unnecessary. The words for the management of its property and the regulation of its affairs are added for consistency in the revised title.

In clause (2), subclause (A), the words hold property are substituted for hold real and personal estate, and the words necessary to carry out the purposes of the corporation are substituted for so far only as may be necessary to its lawful ends, for consistency in the revised title and to eliminate unnecessary words. In subclause (B), the word hold is added for clarity. The words other property are substituted for such other estate for consistency in the revised title. The words of the United States are added for clarity and for consistency in the revised title.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-190311 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-190311, 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.

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