Statute · United States Code
36 U.S.C. § 153903 — Powers
36 U.S.C. § 153903
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- real-estate
The corporation may— (1) adopt a constitution and bylaws; (2) adopt a seal; and (3) hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.
Citator
36 U.S.C. § 153903 — Powers is in force in the current edition of the Code, and nothing recorded condemns it.
The corporation may— (1) adopt a constitution and bylaws; (2) adopt a seal; and (3) hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.