1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 45 - UNITED SERVICE ORGANIZATIONS, INC.
Sec. 1303 - Powers of corporation
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 45 - UNITED SERVICE ORGANIZATIONS, INC. Sec. 1303 - Powers of corporation |
Contains | section 1303 |
Date | 1995 |
Laws in Effect as of Date | January 16, 1996 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 96-165, §3, Dec. 29, 1979, 93 Stat. 1269. |
Statutes at Large Reference | 93 Stat. 1269 |
Public Law Reference | Public Law 96-165 |
§1303. Powers of corporation
The corporation shall have all the powers necessary and proper to accomplish the objects and purposes set forth in section 1302 of this title. Without limiting the generality of the foregoing, the corporation shall have the following specific powers:
(a) To enact and amend bylaws, rules, and regulations for its internal governance and management, not inconsistent with this chapter or other provisions of law.
(b) To establish, regulate, and terminate State, regional, local, and overseas councils, organizations, chapters, or affiliates in such manner and by such rules as it deems appropriate so as to enable it to carry out its powers and accomplish the objects and purposes set forth in section 1302 of this title.
(c) To solicit and raise funds for the accomplishment of its purposes, and to accept gifts, legacies, devises, and support in furtherance thereof.
(d) To acquire, hold, and dispose of such real and personal property as may be necessary to carry out the corporate purposes; to sell, mortgage, or lease any of its real property if authorized by its board of governors.
(e) To make and enter into contracts.
(f) To borrow money for the purposes of the corporation, issue bonds therefor, and secure the same by mortgage, subject in every case to all applicable provisions of Federal and State law.
(g) To adopt and alter a corporate seal, emblems, and marks.
(h) To choose such officers, representatives, and agents as may be necessary to carry out the corporate purposes.
(i) To establish and maintain offices for the conduct of the affairs of the corporation.
(j) To publish a newspaper, magazine, or other publications.
(k) To sue and be sued in any court.
(l) To do any and all acts and things necessary and proper to accomplish the foregoing specifically enumerated purposes.
(Pub. L. 96–165, §3, Dec. 29, 1979, 93 Stat. 1269.)
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