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Title 36 — Patriotic and National ObservancesRelease 119-73

§20503 Powers

Title 36 › Subtitle Subtitle II— - Patriotic and National Organizations › Part Part B— - Organizations › Chapter CHAPTER 205— - AMERICAN CHEMICAL SOCIETY › § 20503

Last updated Apr 6, 2026|Official source

Summary

Lets the corporation create its own governing rules and internal procedures. It can fill empty positions, run elections for members, and group members into classes. It can accept and hold property or gifts, manage and invest them, and use the property or any income from it to do its work. It can also take any other reasonable actions needed to carry out its purposes.

Full Legal Text

Title 36, §20503

Patriotic and National Observances — Source: USLM XML via OLRC

The corporation may—
(1)adopt a constitution, bylaws, and regulations;
(2)fill vacancies;
(3)provide for the election of members and the division of those members into classes;
(4)receive property, hold the property absolutely or in trust, invest and manage the property, and use the property and income arising from it to carry out the purposes of the corporation; and
(5)do any other act necessary and proper to carry out the purposes of the corporation.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 2050336:3203 (1st sentence).Aug. 25, 1937, ch. 762, §§ 3 (1st sentence), 5, 50 Stat. 799. 36:3205. Before clause (1), the word “may” is substituted for “shall have power to” in 36:3203 and “be, and the same is hereby, authorized and empowered to” in 36:3205 for consistency in the revised title and to eliminate unnecessary words. In clause (1), the word “adopt” is substituted for “make” for consistency in the revised title. The word “

Regulations

” is substituted for “rules, and

Regulations

” to avoid redundancy. The words “its own organization” are omitted as included in “constitution, bylaws, and

Regulations

”. In clause (2), the words “created by death, resignation, or otherwise” are omitted as unnecessary. In clause (4), the words “by devise, bequest, donation, or otherwise, either real or personal” and “reinvest” are omitted as unnecessary. The words “use . . . to carry out the purposes of the corporation” are substituted for “apply . . . to the objects of its creation” for clarity and consistency. Clause (5) is substituted for “all other matters needful and useful to promote the objects of the society” for consistency in the revised title.

Reference

Citations & Metadata

Citation

36 U.S.C. § 20503

Title 36 — Patriotic and National Observances

Last Updated

Apr 6, 2026

Release point: 119-73