36 U.S.C. § 230505Chapter 2305

§230505. Governing body

Primary source

Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.

Full Text

§230505. Governing body

(a) Board of Directors.—The board of directors and the responsibilities of the board are as provided in the constitution and bylaws of the corporation.

(b) Officers.—The officers and the election of officers are as provided in the constitution and bylaws of the corporation.

(c) Nondiscrimination.—The requirements for serving as a director or officer may not discriminate on the basis of race, color, religion, sex, disability, age, or national origin.

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
230505(a)	36:3806.	May 23, 1986, Pub. L. 99–318, §§6, 7, 8 (related to directors and officers), 100 Stat. 475.
230505(b)	36:3807.
230505(c)	36:3808 (related to directors and officers).

In subsections (a) and (b), the words "Except as provided in section 3808 of this title" are omitted because the prohibition on discrimination is restated in this section. The words "and in conformity with the laws of the State in which it is incorporated" are omitted as unnecessary.

Last amended: December 31, 2024

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