36 U.S. Code § 80104 - Property

The corporation may—
(1) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation; and
(2) issue instruments of indebtedness in relation to its real property.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1360.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
80104
36:3502.
Mar. 3, 1901, ch. 860, § 2, 31 Stat. 1439; Apr. 6, 1922, ch. 121, 42 Stat. 490; June 7, 1934, ch. 425, 48 Stat. 925; Dec. 15, 1975, Pub. L. 94–151, § 1, 89 Stat. 809.

Clause (1) is substituted for “acquire, by devise, bequest, or otherwise, hold, purchase, and convey such real and personal estate as shall or may be required for the purpose of its incorporation with authority in said corporation, should it be by it deemed necessary so to do, to mortgage or otherwise encumber the real estate which it may hereafter own or acquire” for consistency in the revised title and to eliminate unnecessary words.
Clause (2) is substituted for “and may give therefor such evidences of indebtedness as such corporation may decide upon” to eliminate unnecessary words. The word “instruments” is substituted for “evidences” for consistency in the revised title.

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

 

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