Organization

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§70102. Organization

(a) Federal Charter.-Fleet Reserve Association (in this chapter, the "corporation"), a nonprofit corporation incorporated in Pennsylvania, is a federally chartered corporation.

(b) Expiration of Charter.-If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1347 ; Pub. L. 106–398, §1 [[div. A], title X, §1087(g)(4)], Oct. 30, 2000, 114 Stat. 1654 , 1654A-294.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
70102(a) 36:5601. Sept. 23, 1996, Pub. L. 104–201, title XVIII, §§1801, 1814 (related to termination of charter), 1815, 110 Stat. 2760 , 2762.
70102(b) 36:5613 (related to termination of charter).

36:5614.

This section is substituted for the source provisions for consistency in the revised title and to eliminate unnecessary words.


Editorial Notes

Amendments

2000-Subsec. (a). Pub. L. 106–398 substituted "Pennsylvania" for "Delaware".


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