
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: 36USC20304]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
            CHAPTER 203--AMERICAN ACADEMY OF ARTS AND LETTERS
 
Sec. 20304. Powers

    The corporation may--
        (1) adopt bylaws and regulations;
        (2) fill vacancies;
        (3) provide for the election of foreign, domestic, or honorary 
    associate members, and the division of those members into classes;
        (4) receive bequests and donations of property, hold the 
    property in trust, and invest the property to carry out the purpose 
    of the corporation; and
        (5) do any other act necessary or usual for such a corporation.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1286.)

                                          Historical and Revision Notes
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           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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20304.................................  36:4203 (words after 1st         Apr. 1
7, 1916, ch. 77, Secs.  3 (words
                                         comma).                          after
 1st comma), 5, 39 Stat. 51, 52.
                                        36:4205.
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---------------------------------

    In clause (1), the word ``regulations'' is substituted for ``rules 
and regulations'' to avoid redundancy.
    In clause (2), the words ``created by death, resignation, or 
otherwise'' in 36:4203 are omitted as unnecessary.
    In clause (4), the words ``be, and the same is hereby, authorized 
and empowered to'' in 36:4205 are omitted because of the word ``may'' 
restated before clause (1). The words ``real and personal'' and ``and 
reinvest'' are omitted as unnecessary. The words ``to carry out the 
purpose of the corporation'' are substituted for ``for the purpose of 
furthering the interests of literature and the fine arts'' for 
consistency.
