36-U.S.C.-20503

§20503 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 205 > Section 20503

Details

• Reference: Section 20503
• Legend: §20503 – Powers
• USCode Year: 2013

Provision Content

The corporation may—

(1) adopt a constitution, bylaws, and regulations;

(2) fill vacancies;

(3) provide for the election of members and the division of those members into classes;

(4) receive property, hold the property absolutely or in trust, invest and manage the property, and use the property and income arising from it to carry out the purposes of the corporation; and

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

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1287.)

Before clause (1), the word may is substituted for shall have power to in 36:3203 and be, and the same is hereby, authorized and empowered to in 36:3205 for consistency in the revised title and to eliminate unnecessary words.

In clause (1), the word adopt is substituted for make for consistency in the revised title. The word regulations is substituted for rules, and regulations to avoid redundancy. The words its own organization are omitted as included in constitution, bylaws, and regulations.

In clause (2), the words created by death, resignation, or otherwise are omitted as unnecessary.

In clause (4), the words by devise, bequest, donation, or otherwise, either real or personal and reinvest are omitted as unnecessary. The words use . . . to carry out the purposes of the corporation are substituted for apply . . . to the objects of its creation for clarity and consistency.

Clause (5) is substituted for all other matters needful and useful to promote the objects of the society for consistency in the revised title.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-20301 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-20301, 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

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