Governing body

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§153504. Governing body

(a) Board of Trustees.-(1) The board of trustees is the governing body of the corporation. The duties and powers of the board are as provided in the bylaws.

(2) The manner of selection and term of office of the trustees are as provided in the bylaws.

(b) Officers.-(1) The officers of the corporation are a president, one or more vice presidents, a secretary, a treasurer, and other officers as provided in the bylaws.

(2) The manner of election, term of office, and duties of the officers are as provided in the bylaws.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1425 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
153504(a) 36:4605. Aug. 19, 1964, Pub. L. 88–449, §5, 78 Stat. 497 ; Sept. 29, 1972, Pub. L. 92–447, 86 Stat. 746 .
153504(b) 36:4606. Aug. 19, 1964, Pub. L. 88–449, §6, 78 Stat. 497 .

In subsection (a), the text of 36:4605(a) is omitted as obsolete. The words "Except for the foregoing provision" in 36:4605(b) and "responsibilities" in 36:4605(c) are omitted as unnecessary.

In subsection (b), the words "as provided" are substituted for "as may be authorized" and "as may be prescribed" for consistency in the revised title.


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