36 USC 210104 - Governing body

U.S Code last checked for updates: Nov 22, 2024

§ 210104.

Governing body

(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.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1456.)

cite as: 36 USC 210104