36-U.S.C.-140103

36-U.S.C.-140103

§140103 – Powers

Pathway

Title 36 > Subtitle II > Part B > Chapter 1401 > Section 140103

Details

  • Reference: Section 140103
  • Legend: §140103 – Powers
  • USCode Year: 2013

Provision Content

The corporation may—

(1) adopt and amend bylaws;

(2) adopt and alter a corporate seal;

(3) appoint or elect officers and agents;

(4) choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;

(5) establish and maintain offices to conduct its activities;

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

(7) charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;

(8) sue and be sued; and

(9) do any other act necessary or appropriate to carry out the purposes of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1380.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
140103 36:57b(b)–(j). Aug. 4, 1937, ch. 564, §3(b)–(j), 50 Stat. 559.

In clause (1), the word amend is substituted for alter for consistency in the revised title. The words not inconsistent with the Constitution and laws of the United States or of any State are omitted as unnecessary.

Clause (6) is substituted for acquire, by purchase, devise, bequest, gift, or otherwise, and hold, encumber, convey, or otherwise dispose of such real and personal property as may be necessary or appropriate for its corporate purposes for consistency in the revised title and to eliminate unnecessary words.

U.S. Encyclopedia of Law Coverage

36-U.S.C.-130506 in the Legal Encyclopedia: Patriotic Organizations

In this entry about 36-U.S.C.-130506, 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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