FEDERAL · 36 U.S.C. · Chapter 301
Membership
Current through Pub. L. 119-102
(a)Eligibility.—Except as provided in this chapter, eligibility for membership in the corporation and the rights, privileges, and designation of classes of members are as provided in the constitution and bylaws of the corporation.
(b)Voting.—Each member has one vote on each matter submitted to a vote at a meeting of the members.
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36 U.S.C. § 30103 (Membership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1315.)
Editorial Notes
In subsection (a), the words "are as provided in the constitution and bylaws of the corporation" are substituted for "shall . . . be determined as the constitution and bylaws of the corporation may provide" for consistency in the revised title and to eliminate unnecessary words.
In subsection (b), the words "the right to" are omitted as unnecessary.
In subsection (b), the words "the right to" are omitted as unnecessary.