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36 U.S.C. § 153903

U.S. CodeFederalPositive Law
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About This Law
/us/usc/t36/s153903
Title
36 — Patriotic and National Observances, Ceremonies, and Organizations
Chapter
STII/PTB/CH1539
Release
119-84
Release Date
2026-04-17

Section Text

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The corporation may—(1) adopt a constitution and bylaws; (2) adopt a seal; and (3) hold real and personal property in the United States, but only to the extent necessary to carry out the purposes of the corporation and only in an amount not more than $50,000. (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1431.) Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 15390336:139a.June 15, 1936, ch. 546, § 2, 49 Stat. 1506. In clause (1), the words “not inconsistent with law” are omitted as unnecessary.

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