36-U.S.C.-30304

36-U.S.C.-30304

§30304 – Governing Body

Pathway

Title 36 > Subtitle II > Part B > Chapter 303 > Section 30304

Details

  • Reference: Section 30304
  • Legend: §30304 – Governing Body
  • USCode Year: 2013

Provision Content

(a) Board of Directors.—(1) The number of directors of the corporation shall be at least three but not more than 15. The directors shall be divided into a specified number of classes. Each class shall hold office for a definite period of years as provided in the bylaws.

(2) A majority of the directors must be present at a meeting of directors to constitute a quorum. A majority vote of the directors present at a meeting at which there is a quorum is necessary for the transaction of business.

(3) A director may be removed at any time for just and proper cause by a majority vote of a quorum of directors present at a meeting called for that purpose.

(4) A vacancy in the office of director may be filled by a majority vote of a quorum of the remaining directors present at a meeting called for that purpose. A director elected to fill a vacancy serves until the next annual meeting of the corporation.

(b) Officers.—The officers of the corporation and their manner of election, term of office, duties, and powers are as provided in the bylaws.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1317.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
30304(a) 36:857. Aug. 27, 1958, Pub. L. 85–769, §§7, 8, 72 Stat. 925.
30304(b) 36:858.  

In subsection (a)(1), the words from time to time are omitted as unnecessary. The words except that the directors of Blinded Veterans Association, Incorporated, on August 27, 1958 shall be the first directors of the corporation are omitted as executed and obsolete.

In subsection (a)(4), the word duly is omitted as unnecessary.

Subsection (b) is substituted for the source provision for consistency in the revised title. The words consistent with this charter in 36:858(b) are omitted as unnecessary.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-30110 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-30110, 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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