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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 36 U.S.C. § 70504 | Governing body | us | united_states_code | code_section | 36 | PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS | 705 | THE FOUNDATION OF THE FEDERAL BAR ASSOCIATION | 70504 | 36 U.S.C. § 70504 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip | /us/usc/t36/s70504 | data/legal/raw/us/code/title-36/usc36.xml | 6df1e4265ea1dadbfffb6eaac9d83353f4f28b28df7e3783cc8245dd3686d97f | d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d | 6a6887acbec9777d0b6a2c4ab21d7e62007a467ef885dc283cc674d72873fc32 | 2026-07-04 | official |
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36 U.S.C. § 70504 - Governing body
Text
(a) Board of Directors.— The board of directors is the governing body of the corporation. The board may exercise, or provide for the exercise of, the powers of the corporation. The board of directors and the responsibilities of the board are as provided in the bylaws.
(b) Officers.— The officers and the election of the officers are as provided for in the bylaws.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1352; Pub. L. 119–57, § 4, Dec. 12, 2025, 139 Stat. 711.)
Notes
Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 70504(a)36:577.Aug. 24, 1954, ch. 911, §§ 7, 8, 68 Stat. 798. 70504(b)36:578. In subsection (a), the names of the directors for 1954 and the language about their initial terms are omitted as obsolete. In paragraph (2), the words “caused by expiration of the members’ terms or otherwise” are omitted as unnecessary.
Editorial Notes
Amendments2025—Pub. L. 119–57 amended section generally. Prior to amendment, section related to the board of directors and officers of the corporation.