36-U.S.C.-40504
§40504 – Governing Body
Pathway
Title 36 > Subtitle II > Part B > Chapter 405 > Section 40504
Details
- Reference: Section 40504
- Legend: §40504 – Governing Body
- USCode Year: 2013
Provision Content
(a) Board of Directors.—(1) The board of directors is the governing body of the corporation. The board may exercise, or provide for the exercise of, the powers of the corporation.
(2) The number of directors, their manner of election (including the filling of vacancies), and their term of office are as provided in the bylaws. However, the board shall have at least 9 directors.
(3) The board shall meet at least annually. Each director has one vote on matters decided by the board.
(4) The president of the corporation is the chairman of the board.
(b) Officers.—(1) The officers of the corporation are a president, an executive vice president, a secretary, a treasurer, and 6 regional vice presidents as provided in the bylaws. The offices of secretary and treasurer may be combined and held by the same individual, but an individual holding those combined offices has only one vote as a director.
(2) The manner of election, term of office, duties, and powers of the officers are as provided in the bylaws.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1333.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 40504(a)(1) | 36:797(a), (c) (1st sentence words before 3d comma). | Aug. 14, 1958, Pub. L. 85–642, §§7, 8, 72 Stat. 599. |
| 40504(a)(2) | 36:797(b), (c) (1st sentence words between 3d and 4th commas). | |
| 40504(a)(3) | 36:797(c) (last sentence). | |
| 40504(a)(4) | 36:797(c) (2d sentence). | |
| 40504(b) | 36:797(c) (1st sentence words after 4th comma). 36:798. |
In subsection (a)(1), the text of 36:797(a) (12th–last words) is omitted as obsolete.
In subsection (b)(2), the words duties, and powers are substituted for powers in 36:798(b) and for duties in 36:798(c) to eliminate unnecessary words.
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.
Leave a Reply