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2026-07-06 10:51:44 -04:00

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LegalText 36 U.S.C. § 140103 Powers us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 1401 MARINE CORPS LEAGUE 140103 36 U.S.C. § 140103 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/s140103 data/legal/raw/us/code/title-36/usc36.xml 44d5ab939c043528ac113d1a862940e9c5787a947748bbd0acc4642325b7d7ac d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d 4b0fd95c7a829d6080e4c985f9a12e3d76bfbb2dd1f6b00114fbd698b5058b2f 2026-07-04 official
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36 U.S.C. § 140103 - Powers

Text

The corporation may—

(1) adopt and amend bylaws;

(2) adopt and alter a corporate seal;

(3) appoint or elect officers and agents;

(4) choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;

(5) establish and maintain offices to conduct its activities;

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

(7) charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;

(8) sue and be sued; and

(9) do any other act necessary or appropriate to carry out the purposes of the corporation.

(Pub. L. 105225, Aug. 12, 1998, 112 Stat. 1380.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 14010336:57b(b)(j).Aug. 4, 1937, ch. 564, § 3(b)(j), 50 Stat. 559. In clause (1), the word “amend” is substituted for “alter” for consistency in the revised title. The words “not inconsistent with the Constitution and laws of the United States or of any State” are omitted as unnecessary. Clause (6) is substituted for “acquire, by purchase, devise, bequest, gift, or otherwise, and hold, encumber, convey, or otherwise dispose of such real and personal property as may be necessary or appropriate for its corporate purposes” for consistency in the revised title and to eliminate unnecessary words.