§153903. Powers
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Latest NOW As originally enacted Aug 12, 199836 U.S.C. § 153903
The corporation may—
adopt a constitution and bylaws;
adopt a seal; and
hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000.
Notes, amendments, and revision history
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1431.)
| Historical and Revision Notes | ||
|---|---|---|
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
| 153903 | 36:139a. | June 15, 1936, ch. 546, § 2, 49 Stat. 1506. |
In clause (1), the words “not inconsistent with law” are omitted as unnecessary.