(a)
(2) The number of trustees, their manner of selection (including the filling of vacancies), and their term of office are as provided in the bylaws. However, the board shall have at least 18 members.
(3) The board may appoint committees. Each committee has the powers provided in the bylaws or by resolution of the board. The powers of a committee may include all the powers of the board.
(b)
(2) The manner of election, term of office, and duties of the officers are as provided in the bylaws.
(c)
(1)
(2) The board of nominations shall nominate United States citizens or residents to be honored by the corporation and recommend those persons to the board of trustees for consideration as provided in the bylaws.
Open Table|
Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 23104(a) | 36:4307(a)–(c) (1st sentence, last sentence words after semicolon). | July 14, 1964, Pub. L. 88–372, §§7–9, 78 Stat. 316. |
| 23104(b) | 36:4308. | |
| 23104(c) | 36:4307(c) (last sentence words before semicolon). 36:4309. |
In subsection (a)(1), the text of 36:4307(a) is omitted as obsolete.
In subsection (a)(3), the words "and exercise" are omitted as unnecessary.
In subsection (c)(1), the words "from members of the corporation" are substituted for "from the membership of the corporation" in 36:4307(c) and "those persons named in section 4301 of this title, their survivors and such additional persons, if any, as shall be named by them" in 36:4309(a) for clarity and to eliminate executed and unnecessary words.
In subsection (c)(2), the words "shall nominate" are substituted for "shall be the designated body of the corporation to nominate" in 36:4309(b) for clarity and to eliminate unnecessary words.
Tried the LawStack mobile app?
Join thousands and try LawStack mobile for FREE today.
- Carry the law offline, wherever you go.
- Download CFR, USC, rules, and state law to your mobile device.
