36 U.S.C. § 70106Chapter 701

§70106. Powers

Primary source

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

Full Text

§70106. Powers

The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
70106 36:5602. Sept. 23, 1996, Pub. L. 104–201, title XVIII, §1802, 110 Stat. 2760.

The words "each State in which it is incorporated" are substituted for "the State of Delaware" for consistency in the revised title. The words "and subject to the laws of such State" are omitted as unnecessary.

Last amended: December 31, 2024

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