(a)
(b)
(c)
(A) exercise the powers of the executive board in managing the activities of the corporation; and
(B) authorize the seal of the corporation to be affixed to papers that may require it.
(2) The board, by majority vote of the entire board, may appoint other standing committees. The standing committees may exercise powers as provided in the bylaws.
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
30903(a) | 36:25 (1st–4th sentences). | June 15, 1916, ch. 148, §5 (1st–5th, 7th, 8th sentences), |
30903(b) | 36:25 (5th sentence). | |
30903(c) | 36:25 (7th, 8th sentences). |
In subsection (a), the text of 36:25 (3d sentence) is omitted as executed and obsolete.
In subsection (c)(1)(A), the words "have and" are omitted as unnecessary. The word "activities" is substituted for "business affairs" for consistency in the revised title.
In subsection (c)(1)(B), the words "have power to" are omitted as unnecessary.