FEDERAL · 42 U.S.C. · Chapter 49
Board of Directors; membership; appointment; term
42 U.S.C. § 3934
Title42 — The Public Health and Welfare
Chapter49 — NATIONAL HOUSING PARTNERSHIPS
This text of 42 U.S.C. § 3934 (Board of Directors; membership; appointment; term) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
42 U.S.C. § 3934.
Text
The corporation shall have a board of directors (hereinafter in this section referred to as the "board"), consisting of fifteen members. Three members of the board shall be appointed by the President of the United States, by and with the advice and consent of the Senate, effective on the date on which the other members are elected, and for terms of three years or until their successors have been appointed and have qualified, except that the first three members of the board so appointed shall continue in office for terms of one, two, and three years, respectively, and any member so appointed to fill a vacancy shall be appointed only for the unexpired term of the director whom he succeeds. Twelve members of the board shall be elected by the stockholders.
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History
(Pub. L. 90–448, title IX, §904, Aug. 1, 1968, 82 Stat. 547.)
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Bluebook (online)
42 U.S.C. § 3934, Counsel Stack Legal Research, https://law.counselstack.com/usc/42/3934.