36-U.S.C.-40304

36-U.S.C.-40304

§40304 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 403 > Section 40304

Details

  • Reference: Section 40304
  • Legend: §40304 – Powers
  • USCode Year: 2013

Provision Content

The corporation may—

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

(2) adopt and alter a corporate seal;

(3) establish and maintain offices in the District of Columbia and the States, territories, and possessions of the United States to conduct its affairs;

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

(5) sue and be sued; and

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

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1332.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
40304 36:205 (less perpetual succession). July 1, 1946, ch. 527, §5 (less perpetual succession), 60 Stat. 347.

In clause (1), the word amend is substituted for alter for consistency in the revised title. The words not inconsistent with law are omitted as unnecessary.

In clause (3), the words States, territories, and possessions are substituted for several States and Territories for consistency in the revised title.

Clause (4) is substituted for acquire, hold, mortgage, and dispose of such real and personal property as may be necessary for its corporate purposes and accept gifts, legacies, and devises which will further the corporate purposes for consistency in the revised title and to eliminate unnecessary words.

In clause (6), the words any other act are substituted for any and all acts and things to eliminate unnecessary words. The word objects is omitted as unnecessary.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-40110 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-40110, 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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