36 USC 31103 - Membership
(a) Eligibility.—Except as provided in this chapter, eligibility for membership in the corporation and the rights, privileges, and designation of classes of members are as provided in the constitution and bylaws of the corporation.
(b) Voting.—Each member has one vote on each matter submitted to a vote at a meeting of the members.
(c) Benefits of Member Organizations.—Each organization that is a member of the corporation as provided in the constitution of the corporation is entitled to all the benefits of incorporation under this chapter. Those benefits cease immediately on termination of membership, whether by—
(1) resignation from the corporation; or
(2) termination of its membership by the board of directors of the corporation as provided in the constitution.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1327.)
Historical and Revision Notes
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|
| 31103(a) |
36:696(a) (1st sentence). |
Aug. 6, 1956, ch. 976, §6, 70 Stat. 1053. |
| 31103(b) |
36:696(a) (last sentence). |
|
| 31103(c) |
36:696(b). |
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Sections: 30904 30905 30906 30907 30908 31101 31102 31103 31104 31105 31106 31107 31108 31109 31110
Last modified: October 26, 2015