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LegalText 36 U.S.C. § 80104 Property us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 801 GENERAL FEDERATION OF WOMENS CLUBS 80104 36 U.S.C. § 80104 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/s80104 data/legal/raw/us/code/title-36/usc36.xml b878da4fb57459818bbc07da6eceb70dd6fe72b20c7667d0071a374304dc52bf d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d 417a33949b58ca0d8f9ad36c348bbf90af281b817bfdac2e1b4bd11c9f7c8c53 2026-07-04 official
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36 U.S.C. § 80104 - Property

Text

The corporation may—

(1) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation; and

(2) issue instruments of indebtedness in relation to its real property.

(Pub. L. 105225, Aug. 12, 1998, 112 Stat. 1360.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 8010436:3502.Mar. 3, 1901, ch. 860, § 2, 31 Stat. 1439; Apr. 6, 1922, ch. 121, 42 Stat. 490; June 7, 1934, ch. 425, 48 Stat. 925; Dec. 15, 1975, Pub. L. 94151, § 1, 89 Stat. 809. Clause (1) is substituted for “acquire, by devise, bequest, or otherwise, hold, purchase, and convey such real and personal estate as shall or may be required for the purpose of its incorporation with authority in said corporation, should it be by it deemed necessary so to do, to mortgage or otherwise encumber the real estate which it may hereafter own or acquire” for consistency in the revised title and to eliminate unnecessary words. Clause (2) is substituted for “and may give therefor such evidences of indebtedness as such corporation may decide upon” to eliminate unnecessary words. The word “instruments” is substituted for “evidences” for consistency in the revised title.