36 U.S.C. § 153903

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 153903 - Powers

The corporation may-

(1) adopt a constitution and bylaws;
(2) adopt a seal; and
(3) 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.

36 U.S.C. § 153903

Pub. L. 105-225, 112 Stat. 1431.

HISTORICAL AND REVISION NOTES
Revised SectionSource (U.S. Code)Source (Statutes at Large)
15390336:139a.June 15, 1936, ch. 546, §2, 49 Stat. 1506.
In clause (1), the words "not inconsistent with law" are omitted as unnecessary.