Governing body

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§80505. Governing body

(a) Board of Directors.-The board of directors and the responsibilities of the board are as provided in the articles of incorporation.

(b) Officers.-The officers and the election of officers are as provided in the articles of incorporation.

(c) Nondiscrimination.-The requirements for holding office in the corporation may not discriminate on the basis of race, color, religion, or national origin.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1363 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
80505(a) 36:1606. Dec. 4, 1980, Pub. L. 96–497, §§3 (related to discrimination in holding office), 6, 7, 94 Stat. 2595 , 2596.
80505(b) 36:1607.  
80505(c) 36:1603 (related to discrimination in holding office).  

In subsections (a) and (b), the words "and in conformity with the laws of the State or States where incorporated" in 36:1606 and 36:1607 are omitted as unnecessary.


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