The corporation may—
(1) adopt and amend a constitution, bylaws, and regulations for the admission, government, suspension, and expulsion of its members;
(2) adopt and alter a seal;
(3) provide for the election of its officers and define their duties;
(4) provide for State societies or chapters with regulations for their conduct, and regulate and provide for the management, safe-keeping, and protection of their property and funds;
(5) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; and
(6) sue and be sued.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1424.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
153303 | 36:20c. | June 9, 1906, ch. 3065, §3, 34 Stat. 228; Sept. 8, 1961, Pub. L. 87–214, 75 Stat. 489. |
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Last modified: October 26, 2015