(a)
(2) The Council may adopt and amend a constitution and bylaws and elect a board of directors, officers, and agents.
(3) The constitution may prescribe the number of members of the Council necessary for a quorum. That number may be less than a majority of the entire Council.
(4) Meetings of the Council shall be held as provided in the constitution to hold elections and receive reports of the officers and board of directors. Special meetings may be called as provided in the constitution.
(b)
(2) The constitution may prescribe the number of directors necessary for a quorum. That number shall be at least 20 or two-fifths of the entire board.
(c)
(1) an executive committee to carry out the powers of the board of directors between meetings of the board; and
(2) other committees to operate under the general supervision of the board of directors.
(d)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 80303(a)(1) | 36:34 (1st sentence words before 1st comma, 2d sentence). | Mar. 16, 1950, ch. 62, §§4 (1st–7th sentences), 5, |
| 80303(a)(2) | 36:34 (1st sentence words after 1st comma). | |
| 80303(a)(3) | 36:34 (3d sentence). | |
| 80303(a)(4) | 36:35 (1st, 2d sentences). | |
| 80303(b)(1) | 36:34 (4th sentence words before 1st comma, 5th, 7th sentences). | |
| 80303(b)(2) | 36:34 (6th sentence). | |
| 80303(c) | 36:34 (4th sentence words after 1st comma). | |
| 80303(d) | 36:35 (last sentence). |
In subsection (a)(1), the words "(hereinafter referred to as the 'national council')" are omitted as unnecessary.
In subsection (a)(3), the words "entire Council" are substituted for "whole number" for clarity.
In subsection (b)(1), the first sentence is substituted for "The affairs of the corporation between meetings of the national council shall be managed by a board of directors" and "The board of directors, to the extent provided in the constitution and bylaws, shall have the powers of the national council, in the interim between its meetings" to eliminate unnecessary words.