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U.S Code last checked for updates: Nov 22, 2024
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Title 36
Subtitle II
Part B
Chapter 1305
§ 130504. Governing body...
§ 130506. Exclusive right to nam...
§ 130504. Governing body...
§ 130506. Exclusive right to nam...
U.S. Code
Notes
§ 130505.
Powers
The corporation may—
(1)
adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
(2)
adopt and alter a corporate seal;
(3)
adopt, alter, and display seals, emblems, and badges;
(4)
choose directors, officers, trustees, managers, employees, and agents as the activities of the corporation require;
(5)
make contracts;
(6)
acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
(7)
borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
(8)
charge and collect membership dues and subscription fees;
(9)
sue and be sued; and
(10)
do any other act necessary or desirable to carry out the purposes of the corporation.
(
Pub. L. 105–225
,
Aug. 12, 1998
,
112 Stat. 1377
.)
cite as:
36 USC 130505
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