Statute · United States Code

36 U.S.C. § 220552 — Dissolution of board of directors of corporation and termination of recognition of national governing bodies

36 U.S.C. § 220552

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

(a) Dissolution of Board of Directors of Corporation.—Effective on the date of enactment of a joint resolution described in section 220551(2)(A) with respect to the board of directors of the corporation, such board of directors shall be dissolved. (b) Termination of Recognition of National Governing Body.—Effective on the date of enactment of a joint resolution described in section 220551(2)(B) with respect to a national governing body, the recognition of the applicable amateur sports organization as a national governing body shall cease to have force or effect.

(a) Dissolution of Board of Directors of Corporation.—Effective on the date of enactment of a joint resolution described in section 220551(2)(A) with respect to the board of directors of the corporation, such board of directors shall be dissolved. (b) Termination of Recognition of National Governing Body.—Effective on the date of enactment of a joint resolution described in section 220551(2)(B) with respect to a national governing body, the recognition of the applicable amateur sports organization as a national governing body shall cease to have force or effect.