
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: 47USC735]

 
          TITLE 47--TELEGRAPHS, TELEPHONES, AND RADIOTELEGRAPHS
 
               CHAPTER 6--COMMUNICATIONS SATELLITE SYSTEM
 
          SUBCHAPTER III--COMMUNICATIONS SATELLITE CORPORATION
 
Sec. 735. Powers of corporation


(a) Authorized powers

    In order to achieve the objectives and to carry out the purposes of 
this chapter, the corporation is authorized to--
        (1) plan, initiate, construct, own, manage, and operate itself 
    or in conjunction with foreign governments or business entities a 
    commercial communications satellite system;
        (2) furnish, for hire, channels of communication to United 
    States communications common carriers and to other authorized 
    entities, foreign and domestic; and
        (3) own and operate satellite terminal stations when licensed by 
    the Commission under section 721(c)(7) of this title.

(b) Specific corporate activities

    Included in the activities authorized to the corporation for 
accomplishment of the purposes indicated in subsection (a) of this 
section, are, among others not specifically named--
        (1) to conduct or contract for research and development related 
    to its mission;
        (2) to acquire the physical facilities, equipment and devices 
    necessary to its operations, including communications satellites and 
    associated equipment and facilities, whether by construction, 
    purchase, or gift;
        (3) to purchase satellite launching and related services from 
    the United States Government;
        (4) to contract with authorized users, including the United 
    States Government, for the services of the communications satellite 
    system; and
        (5) to develop plans for the technical specifications of all 
    elements of the communications satellite system.

(c) Usual powers of stock corporation

    To carry out the foregoing purposes, the corporation shall have the 
usual powers conferred upon a stock corporation by the District of 
Columbia Business Corporation Act [D.C. Code, Sec. 29-301 et seq.].

(Pub. L. 87-624, title III, Sec. 305, Aug. 31, 1962, 76 Stat. 425.)

                       References in Text

    The District of Columbia Business Corporation Act, referred to in 
subsec. (c), is act June 8, 1954, ch. 269, 68 Stat. 179, as amended, 
which appears in chapter 3 (Sec. 29-301 et seq.) of Title 29, 
Corporations, of the District of Columbia Code.
