The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.

Open Table
Historical and Revision Notes
Revised

Section

Source (U.S. Code) Source (Statutes at Large)
21006 36 App.:5902. Aug. 13, 1998, Pub. L. 105–231, §2, 112 Stat. 1530.

The words "each State in which it is incorporated" are substituted for "the State of Texas" for consistency in the revised title. The words "and subject to the laws of the State of Texas" are omitted as unnecessary.


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