1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 35 - BLINDED VETERANS ASSOCIATION
Sec. 857 - Governing body
View MetadataPublication Title | United States Code, 1994 Edition, Supplement 1, Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES CHAPTER 35 - BLINDED VETERANS ASSOCIATION Sec. 857 - Governing body |
Contains | section 857 |
Date | 1995 |
Laws in Effect as of Date | January 16, 1996 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 85-769, §7, Aug. 27, 1958, 72 Stat. 925. |
Statutes at Large Reference | 72 Stat. 925 |
Public Law Reference | Public Law 85-769 |
§857. Governing body (a) Composition
The number of directors shall be not less than three nor more than fifteen 1 said directors shall be divided into a specified number of classes, each class holding office for a definite period of years, as shall be provided from time to time by the bylaws of the corporation, except that the directors of Blinded Veterans Association, Incorporated, on August 27, 1958 shall be the first directors of the corporation.
(b) Removal for causeAny director of the corporation may be removed at any time for just and proper cause by a vote of a majority of a quorum of directors present at a meeting called for that purpose.
(c) VacanciesIf a vacancy occurs in the office of director of the corporation, a majority of a quorum of the remaining directors present at a meeting duly called for that purpose may elect a director to fill such vacancy until the next annual meeting of the corporation.
(d) Quorum requirement; votingA majority of the directors shall be present at any meeting of directors in order to constitute a quorum and the votes of a majority of the directors so present shall be necessary for the transaction of any business.
(Pub. L. 85–769, §7, Aug. 27, 1958, 72 Stat. 925.)
1 So in original. Probably should be a followed by punctuation.
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