36 U.S. Code § 170306 - Powers

The corporation has the powers provided in its bylaws and articles of incorporation filed in the State in which it is incorporated, including the power to—
(1) adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
(2) adopt and alter a corporate seal;
(3) adopt emblems and badges;
(4) establish, maintain, and regulate offices to conduct the affairs of the corporation;
(5) publish a magazine and other publications;
(6) charge and collect membership dues and subscription fees and receive contributions or grants of money or property to be used to carry out the purposes of the corporation;
(7) accept gifts, legacies, and devises that will further the purposes of the corporation;
(8) promote the formation of auxiliaries, the membership requirements of which shall be as provided in the constitution and the bylaws of the corporation;
(9) sue and be sued; and
(10) do any other act necessary or desirable to carry out the purposes of the corporation.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1443.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
170306
36:3602.
Oct. 7, 1985, Pub. L. 99–119, § 2, 99 Stat. 498.

Before clause (1), the words “(hereinafter in this chapter referred to as the ‘corporation’)” and “and subject to the laws of such State” are omitted as unnecessary.
In clause (1), the words “alter” and “not inconsistent with the laws of the United States or any State in which the corporation is to operate” are omitted as unnecessary.
In clause (2), the word “use” is omitted as unnecessary.
In clause (9), the words “complain, and defend in any court of competent jurisdiction” are omitted as unnecessary.
In clause (10), the words “lawful”, “and things”, and “objects and” are omitted as unnecessary.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

36 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.