The corporation may—
(3)
hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.
Historical and Revision Notes |
||
---|---|---|
Revised Section |
Source (U.S. Code) |
Source (Statutes at Large) |
153903 |
36:139a. |
In clause (1), the words “not inconsistent with law” are omitted as unnecessary.