Title 36, Patriotic and National ObservancesRelease 119-102
§20503 Powers
Title 36 › Subtitle II — Patriotic and National Organizations › Part B — Organizations › CHAPTER 205 — AMERICAN CHEMICAL SOCIETY › § 20503
Summary
The corporation may do five things. It can make its constitution, bylaws, and rules; fill vacancies; set up member elections and classes; accept, hold, invest, and use property and its income for its mission; and take other actions needed to carry out that mission.
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
Aug 21, 2026
Release point: 119-102