FEDERAL · 36 U.S.C. · Chapter 2101
Governing body
Current through Pub. L. 119-102
(a)Board of Trustees.—A self-perpetuating board of trustees shall manage and direct the property and affairs of the corporation.
(b)Powers.—The board of trustees may adopt and amend a constitution, bylaws, and regulations for—
(1)the selection of successor trustees;
(2)the admission of members;
(3)the election of officers; and
(4)the conduct of the affairs of the corporation.
Free access — add to your briefcase to read the full text and ask questions with AI
36 U.S.C. § 210104 (Governing body) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Source Credit
History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1456.)
Editorial Notes
The text of 36:4704 (2d sentence) is omitted as executed and obsolete.
In subsection (b), before clause (1), the words "adopt and amend" are substituted for "adopt from time to time . . . and alter, amend, or repeal" for consistency in the revised title and to eliminate unnecessary words. The word "rules" is omitted as included in "regulations".
In subsection (b), before clause (1), the words "adopt and amend" are substituted for "adopt from time to time . . . and alter, amend, or repeal" for consistency in the revised title and to eliminate unnecessary words. The word "rules" is omitted as included in "regulations".