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§153504. Governing body

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Notable points in this section's history

Latest NOW As originally enacted Aug 12, 1998

36 U.S.C. § 153504

(a)
Board of Trustees.—
(1)
The board of trustees is the governing body of the corporation. The duties and powers of the board are as provided in the bylaws.
(2)
The manner of selection and term of office of the trustees are as provided in the bylaws.
(b)
Officers.—
(1)
The officers of the corporation are a president, one or more vice presidents, a secretary, a treasurer, and other officers as provided in the bylaws.
(2)
The manner of election, term of office, and duties of the officers are as provided in the bylaws.
Notes, amendments, and revision history

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1425.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
153504(a) 36:4605. Aug. 19, 1964, Pub. L. 88–449, § 5, 78 Stat. 497; Sept. 29, 1972, Pub. L. 92–447, 86 Stat. 746.
153504(b) 36:4606. Aug. 19, 1964, Pub. L. 88–449, § 6, 78 Stat. 497.

In subsection (a), the text of 36:4605(a) is omitted as obsolete. The words “Except for the foregoing provision” in 36:4605(b) and “responsibilities” in 36:4605(c) are omitted as unnecessary.

In subsection (b), the words “as provided” are substituted for “as may be authorized” and “as may be prescribed” for consistency in the revised title.