FEDERAL · 36 U.S.C. · Chapter 1539
Powers
Current through Pub. L. 119-102
The corporation may—
(1)adopt a constitution and bylaws;
(2)adopt a seal; and
(3)hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.
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36 U.S.C. § 153903 (Powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Source Credit
History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1431.)
Editorial Notes
In clause (1), the words "not inconsistent with law" are omitted as unnecessary.