
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 36USC200305]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
          CHAPTER 2003--SONS OF UNION VETERANS OF THE CIVIL WAR
 
Sec. 200305. Powers

    The corporation may--
        (1) adopt and amend a constitution and bylaws for the management 
    of its property and the regulation of its affairs;
        (2) adopt and alter a corporate seal;
        (3) choose officers, managers, agents, and employees as the 
    activities of the corporation require;
        (4) make contracts;
        (5) acquire, own, lease, encumber, and transfer property as 
    necessary or convenient to carry out the purposes of the 
    corporation;
        (6) borrow money, issue instruments of indebtedness, and secure 
    its obligations by granting security interests in its property;
        (7) sue and be sued; and
        (8) do any other act necessary and proper to carry out the 
    purposes of the corporation.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1453.)

                                          Historical and Revision Notes
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           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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200305................................  36:534(2)-(10).                  Aug. 2
0, 1954, ch. 774, Secs.  4(2)-
                                                                          (10),
 18, 68 Stat. 749, 752.
                                        36:548.
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    In this section, the text of 36:548 is omitted as executed and 
obsolete.
    In clause (1), the word ``alter'' is omitted as unnecessary. The 
words ``not inconsistent with the laws of the United States or any State 
in which the corporation is to operate'' are omitted as unnecessary.
    In clause (2), the word ``use'' is omitted as unnecessary.
    Clause (5) is substituted for ``take by lease, gift, purchase, 
grant, devise, or bequest from any public body or agency or any private 
corporation, association, partnership, firm, or individual and to hold 
absolutely or in trust for any of the purposes of the corporation any 
property, real, personal, or mixed, necessary or convenient for 
attaining the objects and carrying into effect the purposes of the 
corporation'' and ``transfer, convey, lease, sublease, encumber and 
otherwise alienate real, personal or mixed property'' for consistency in 
the revised title and to eliminate unnecessary words. The words 
``subject, however, to applicable provisions of law of any State (A) 
governing the amount or kind of property which may be held by, or (B) 
otherwise limiting or controlling the ownership of property by, a 
corporation operating in such State'' are omitted as unnecessary.
    In clause (6), the words ``for the purposes of the corporation'' are 
omitted as unnecessary. The words ``issue instruments of indebtedness, 
and secure its obligations by granting security interests in its 
property'' are substituted for ``issue bonds therefor, and secure the 
same by mortgage, deed of trust, pledge or otherwise'' for consistency 
in the revised title. The words ``subject in every case to all 
applicable provisions of Federal and State laws'' are omitted as 
unnecessary.
    In clause (7), the words ``complain and defend in any court of 
competent jurisdiction'' are omitted as unnecessary.
    In clause (8), the words ``any other act'' are substituted for ``any 
and all acts and things'' to eliminate unnecessary words. The words 
``objects and'' are omitted as unnecessary.
