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Title 36 — Patriotic and National ObservancesRelease 119-73not60

§40504 Governing Body

Title 36 › Subtitle Subtitle II— Patriotic and National Organizations › Part B— Organizations › Chapter 405— CONGRESSIONAL MEDAL OF HONOR SOCIETY OF THE UNITED STATES OF AMERICA › § 40504

Last updated Apr 5, 2026|Official source

Summary

The board of directors runs the corporation and can act for it. How many directors there are, how they are elected, how vacancies are filled, and how long they serve are set by the bylaws, but there must be at least 9 directors. The board must meet at least once a year. Each director gets one vote, and the president is the chair of the board. The corporation’s officers are a president, an executive vice president, a secretary, a treasurer, and six regional vice presidents. The secretary and treasurer can be the same person, but that person still has only one director vote. How officers are chosen, how long they serve, and what they do are set by the bylaws.

Full Legal Text

Title 36, §40504

Patriotic and National Observances — Source: USLM XML via OLRC

(a)(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)(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.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (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.

Reference

Citations & Metadata

Citation

36 U.S.C. § 40504

Title 36 — Patriotic and National Observances

Last Updated

Apr 5, 2026

Release point: 119-73not60