The corporation may—
(1) adopt a constitution and bylaws for the management of its property and the regulation of its affairs; and
(2)(A) hold property, in the District of Columbia or elsewhere, necessary to carry out the purposes of the corporation, in an amount not to exceed $1,000,000; and
(B) hold other property donated or bequeathed in any State or territory of the United States.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1451.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
200103 | 36:5401 (2d sentence words before proviso). | Mar. 3, 1901, ch. 876, §1 (2d sentence words before proviso), 31 Stat. 1453; June 29, 1938, ch. 796, 52 Stat. 1226. |
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Last modified: October 26, 2015