§ 170505. 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 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. 1445.)

Historical And Revision

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

170505(a)

36:2506.

July 23, 1984, Pub. L. 98–372, §§ 5 (words after 3d comma related to discrimination in holding office), 6, 7, 98 Stat. 1239.

170505(b)

36:2507.

170505(c)

36:2505 (words after 3d comma related to discrimination in holding office).

In subsections (a) and (b), the words “and in conformity with the laws of the State or States in which it is incorporated” in 36:2506 and “and in conformity with the laws of the State or States wherein it is incorporated” in 36:2507 are omitted as unnecessary.