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The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.
Historical and Revision Notes
Source (U.S. Code)
Source (Statutes at Large)
Oct. 23, 1992, Pub. L. 102–484, title XVIII, § 1822, 106 Stat. 2584.
The words “and subject to the laws of such State” are omitted as unnecessary.
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