36 U.S. Code § 40702 - Governing body

(a) Board of Directors.—
(1) The board of directors is the governing body of the corporation. The board of directors may adopt bylaws, policies, and procedures for the corporation and may take any other action that it considers necessary for the management and operation of the corporation.
(2) The board shall have at least 9 directors.
(3) The term of office of a director is 2 years. A director may be reappointed.
(4) A vacancy on the board of directors shall be filled by a majority vote of the remaining directors.
(b) Director of Civilian Marksmanship.—
(1) The board of directors shall appoint the Director of Civilian Marksmanship.
(2) The Director is responsible for—
(A) the daily operation of the corporation; and
(B) the duties of the corporation under subchapter II of this chapter.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
40702(a)(1)
36:5501(c)(2).
Feb. 10, 1996, Pub. L. 104–106, title XVI, § 1611(c)(1)–(4), (d), 110 Stat. 516.
40702(a)(2)
36:5501(c)(1).
40702(a)(3)
36:5501(c)(3).
40702(a)(4)
36:5501(c)(4).
40702(b)(1)
36:5501(d)(1).
40702(b)(2)
36:5501(d)(2).

In subsection (a)(1), the words “The board of directors is the governing body of the corporation” are added for consistency in the revised title.
In subsection (a)(3), the words “The term of office of a director is 2 years” are substituted for “Each member of the Board of Directors shall serve for a term of two years”, and the words “A director may be reappointed” are substituted for “Members of the Board of Directors are eligible for reappointment”, for consistency in the revised title and to eliminate unnecessary words.
In subsection (b)(1), the words “an individual to serve as” are omitted as unnecessary.
In subsection (b)(2), before clause (A), the words “is responsible for” are substituted for “shall be responsible for the performance of” to eliminate unnecessary words. In clause (B), the words “duties of the corporation under subchapter II of this chapter” are substituted for “functions described in section 5502” because subchapter II of this chapter restates 36:5502–5504 and 5507 and all of these sections provide for duties of the corporation that are the responsibility of the Director of Civilian Marksmanship.
Initial Board of Directors

Pub. L. 104–106, div. A, title XVI, § 1611(c)(5),Feb. 10, 1996, 110 Stat. 516 [former 36 U.S.C. 5501(c)(5)], provided that: “The Secretary of the Army shall appoint the initial Board of Directors. Four of the members of the initial Board of Directors, to be designated by the Secretary at the time of appointment, shall (notwithstanding paragraph (3)) [now 36 U.S.C. 40702 (a)(3)] serve for a term of one year.”

 

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