36-U.S.C.-30904

§30904 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 309 > Section 30904

Details

• Reference: Section 30904
• Legend: §30904 – Powers
• USCode Year: 2013

Provision Content

(a) General.—The corporation may—

(1) adopt and amend bylaws and regulations, including regulations for the election of associates and successors;

(2) adopt and alter a corporate seal;

(3) have offices and conduct its activities in the District of Columbia and the States, territories, and possessions of the United States;

(4) acquire and own property as necessary to carry out the purposes of the corporation;

(5) sue and be sued within the jurisdiction of the United States; and

(6) do any other act necessary to carry out this chapter and promote the purpose of the corporation.

(b) Limitations on Exercising Certain Powers.—(1) The corporation may execute mortgages and liens on the property of the corporation only if approved by a two-thirds vote of the entire executive board at a meeting called for that purpose.

(2) The corporation may dispose in any manner of the whole property of the corporation only with the written consent and affirmative vote of a majority of the members of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1325.)

In subsection (a)(1), the word make is omitted as included in adopt. The word amend is added for consistency in the revised title and because of 36:25 (6th sentence). The words not inconsistent with the laws of the United States of America, or any State thereof are omitted as unnecessary.

Subsection (a)(2) is substituted for to adopt a seal, and the same to alter and destroy at pleasure for consistency in the revised title.

In subsection (a)(3), the word activities is substituted for business and affairs, and the words in the District of Columbia and the States, territories, and possessions of the United States are substituted for within and without the District of Columbia and in the several States and Territories of the United States, for consistency in the revised title and to eliminate unnecessary words.

Subsection (a)(4) is substituted for hold such real and personal estate as shall be necessary for corporate purposes, and . . . receive real and personal property by gift, devise, or bequest for consistency in the revised title and to eliminate unnecessary words. The text of 36:24 (words before semicolon) is omitted as executed and obsolete.

In subsection (a)(5), the words in courts of law and equity are omitted as unnecessary.

In subsection (a)(6), the words do any other act are substituted for generally to do all such acts and things for consistency in the revised title.

In subsection (b)(1), the words to make and to amend the bylaws are omitted as unnecessary because of subsection (a)(1) of this section. The word execute is substituted for authorize and cause to be executed to eliminate unnecessary words.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-30509 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-30509, 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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