The corporation may—
(1) adopt bylaws and regulations;
(2) fill vacancies;
(3) provide for the election of foreign, domestic, or honorary associate members, and the division of those members into classes;
(4) receive bequests and donations of property, hold the property in trust, and invest the property to carry out the purpose of the corporation; and
(5) do any other act necessary or usual for such a corporation.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1286.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20304 | 36:4203 (words after 1st comma). | Apr. 17, 1916, ch. 77, §§3 (words after 1st comma), 5, 39 Stat. 51, 52. |
| 36:4205. |
Sections: Previous 20209 20210 20211 20212 20301 20302 20303 20304 20305 20306 20307 20501 20502 20503 20504 Next
Last modified: October 26, 2015