Statute · United States Code

36 U.S.C. § 153303 — Powers

36 U.S.C. § 153303

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
bankruptcy

The corporation may— (1) adopt and amend a constitution, bylaws, and regulations for the admission, government, suspension, and expulsion of its members; (2) adopt and alter a seal; (3) provide for the election of its officers and define their duties; (4) provide for State societies or chapters with regulations for their conduct, and regulate and provide for the management, safe-keeping, and protection of their property and funds; (5) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; and (6) sue and be sued.

The corporation may— (1) adopt and amend a constitution, bylaws, and regulations for the admission, government, suspension, and expulsion of its members; (2) adopt and alter a seal; (3) provide for the election of its officers and define their duties; (4) provide for State societies or chapters with regulations for their conduct, and regulate and provide for the management, safe-keeping, and protection of their property and funds; (5) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; and (6) sue and be sued.