36 U.S.C. § 210104
- (a)A self-perpetuating board of trustees shall manage and direct the property and affairs of the corporation.
- (b)The board of trustees may adopt and amend a constitution, bylaws, and regulations for—
- (1)the selection of successor trustees;
- (2)the admission of members;
- (3)the election of officers; and
- (4)the conduct of the affairs of the corporation.