2009 US Code
Title 15 - COMMERCE AND TRADE
CHAPTER 4 - CHINA TRADE
Sec. 149 - Bylaws
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 4 - CHINA TRADE Sec. 149 - Bylaws |
| Contains | section 149 |
| Date | 2009 |
| Laws in Effect as of Date | February 1, 2010 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Sept. 19, 1922, ch. 346, §9, 42 Stat. 852; Feb. 26, 1925, ch. 345, §8, 43 Stat. 996. |
| Statutes at Large References | 42 Stat. 852 43 Stat. 996 |
§149. Bylaws
The bylaws may provide—
(a) The time, place, manner of calling, giving notice, and conduct of, and determination of a quorum for, the meetings, annual or special, of the stockholders or directors;
(b) The number, qualifications, and manner of choosing and fixing the tenure of office and compensation of all directors; but the number of such directors shall be not less than three, and a majority of the directors, and the president and the treasurer, or each officer holding a corresponding office, shall, during their tenure of office, be citizens of the United States resident in China.
(c) The manner of calling for and collecting payments upon shares of stock, the penalties and forfeitures for nonpayment, the preparation of certificates of the shares, the manner of recording their sale or transfer, and the manner of their representation at stockholders’ meetings.
(Sept. 19, 1922, ch. 346, §9, 42 Stat. 852; Feb. 26, 1925, ch. 345, §8, 43 Stat. 996.)
Amendments1925—Par. (b). Act Feb. 26, 1925, amended par. (b) generally.
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