36 USC 30704 - Governing Body
(a) Board of Directors.—The board of directors is the governing body of the corporation. The board shall consist of at least 15 directors elected annually by the members.
(b) Officers.—The officers of the corporation are a chairman of the board, a president, one or more vice presidents, a secretary, a treasurer, and any assistant officers designated by the board. The officers have the powers and shall carry out the duties provided in the bylaws or prescribed by the board.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1323.)
Historical and Revision Notes
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|
| 30704(a) |
36:507. |
July 19, 1954, ch. 536, §§7, 8, 68 Stat. 491. |
| 30704(b) |
36:508. |
|
Sections: 30511 30512 30513 30514 30701 30702 30703 30704 30705 30706 30707 30708 30709 30710 30711
Last modified: October 26, 2015