2018 US Code
Title 42 - The Public Health and Welfare
Chapter 49 - National Housing Partnerships
Sec. 3934 - Board of Directors; membership; appointment; term

Download PDF
Citation 42 U.S.C. § 3934 (2018)
Section Name §3934. Board of Directors; membership; appointment; term
Section Text

The corporation shall have a board of directors (hereinafter in this section referred to as the "board"), consisting of fifteen members. Three members of the board shall be appointed by the President of the United States, by and with the advice and consent of the Senate, effective on the date on which the other members are elected, and for terms of three years or until their successors have been appointed and have qualified, except that the first three members of the board so appointed shall continue in office for terms of one, two, and three years, respectively, and any member so appointed to fill a vacancy shall be appointed only for the unexpired term of the director whom he succeeds. Twelve members of the board shall be elected by the stockholders.

Source Credit

(Pub. L. 90–448, title IX, §904, Aug. 1, 1968, 82 Stat. 547.)

Publication Title United States Code, 2018 Edition, Title 42 - THE PUBLIC HEALTH AND WELFARE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 49 - NATIONAL HOUSING PARTNERSHIPS
Sec. 3934 - Board of Directors; membership; appointment; term
Contains section 3934
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 82 Stat. 547
Public Law References Public Law 90-448
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.