
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: 36USC20503]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
                 CHAPTER 205--AMERICAN CHEMICAL SOCIETY
 
Sec. 20503. Powers

    The corporation may--
        (1) adopt a constitution, bylaws, and regulations;
        (2) fill vacancies;
        (3) provide for the election of members and the division of 
    those members into classes;
        (4) receive property, hold the property absolutely or in trust, 
    invest and manage the property, and use the property and income 
    arising from it to carry out the purposes of the corporation; and
        (5) do any other act necessary and proper to carry out the 
    purposes of the corporation.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1287.)

                                          Historical and Revision Notes
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           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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---------------------------------
20503.................................  36:3203 (1st sentence).          Aug. 2
5, 1937, ch. 762, Secs.  3 (1st
                                                                          sente
nce), 5, 50 Stat. 799.
                                        36:3205.
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---------------------------------

    Before clause (1), the word ``may'' is substituted for ``shall have 
power to'' in 36:3203 and ``be, and the same is hereby, authorized and 
empowered to'' in 36:3205 for consistency in the revised title and to 
eliminate unnecessary words.
    In clause (1), the word ``adopt'' is substituted for ``make'' for 
consistency in the revised title. The word ``regulations'' is 
substituted for ``rules, and regulations'' to avoid redundancy. The 
words ``its own organization'' are omitted as included in 
``constitution, bylaws, and regulations''.
    In clause (2), the words ``created by death, resignation, or 
otherwise'' are omitted as unnecessary.
    In clause (4), the words ``by devise, bequest, donation, or 
otherwise, either real or personal'' and ``reinvest'' are omitted as 
unnecessary. The words ``use . . . to carry out the purposes of the 
corporation'' are substituted for ``apply . . . to the objects of its 
creation'' for clarity and consistency.
    Clause (5) is substituted for ``all other matters needful and useful 
to promote the objects of the society'' for consistency in the revised 
title.
