§ 140705. Governing body  


Latest version.
  • (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 serving as a director or officer may not discriminate on the basis of race, color, religion, sex, disability, age, or national origin.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1385.)

Historical And Revision

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

140705(a)

36:5006.

Oct. 23, 1992, Pub. L. 102–484, title XVIII, §§ 1806, 1807, 1808 (related to directors and officers), 106 Stat. 2582.

140705(b)

36:5007.

140705(c)

36:5008 (related to directors and officers).

In subsections (a) and (b), the words “Except as provided in section 5008 of this title” and “in conformity with the laws of the State in which it is incorporated” are omitted as unnecessary.