§30904 — Title 36 Patriotic and National Observances | U.S. Code

Summary

The corporation can make and change its own rules, set rules for picking members and replacements, create or change a corporate seal, have offices and work in the District of Columbia and the States, territories, and possessions of the United States, buy and own property it needs, and sue or be sued in U.S. courts. It can also do other actions needed to carry out its mission. The corporation can place mortgages or liens on its property only if two-thirds of the entire executive board approve at a meeting called for that purpose. It can sell or give away all of its property only with written consent and an affirmative vote of a majority of its members.

Title 36, §30904

Patriotic and National Observances — Source: USLM XML via OLRC

(a)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)(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.

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 30904(a)36:22 (words after 2d comma).June 15, 1916, ch. 148, §§ 2 (words after 2d comma), 4 (words before semicolon), 5 (6th, last sentences), 39 Stat. 227, 228. 36:24 (words before semicolon). 30904(b)(1)36:25 (6th sentence). 30904(b)(2)36:25 (last sentence). 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.

§30904 Powers

Summary

Title 36, §30904

Notes & Related Subsidiaries

Historical and Revision Notes

Citations & Metadata