Legislación
US (United States) Code. Title 36. Subtitle II. Chapter 709: Future Farmers of America
-CITE-
36 USC CHAPTER 709 - FUTURE FARMERS OF AMERICA 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-MISC1-
Sec.
70901. Organization.
70902. Purposes.
70903. Membership.
70904. Governing body.
70905. National officers.
70906. Powers.
70907. Exclusive right to name, seals, emblems, and badges.
70908. Restrictions.
70909. Availability of personnel, services, and facilities of
Department of Education.
70910. Headquarters and principal office.
70911. Records and inspection.
70912. Service of process.
70913. Liability for acts of officers and agents.
70914. Distribution of assets on dissolution or final
liquidation.
-End-
-CITE-
36 USC Sec. 70901 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70901. Organization
-STATUTE-
(a) Federal Charter. - Future Farmers of America (in this
chapter, the "corporation") is a federally chartered corporation.
(b) Perpetual Existence. - Except as otherwise provided, the
corporation has perpetual existence.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1356.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
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70901 36:271. Aug. 30, 1950, ch. 823,
Secs. 1, 2, 20, 64 Stat.
563, 567.
36:272.
36:290.
--------------------------------------------------------------------
This section is substituted for 36:271 for consistency in the
revised title and to eliminate executed and unnecessary words. The
text of 36:272 and 290 is omitted as executed and obsolete.
-End-
-CITE-
36 USC Sec. 70902 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70902. Purposes
-STATUTE-
The purposes of the corporation are -
(1) to create, foster, and assist subsidiary chapters composed
of students and former students of vocational agriculture in
public schools qualifying for Federal reimbursement under the
Smith-Hughes Vocational Education Act (20 U.S.C. 11-15, 16-28)
and associations of those chapters in the States, territories,
and possessions of the United States;
(2) to develop character, train for useful citizenship, and
foster patriotism, and thereby develop competent and aggressive
rural and agricultural leadership;
(3) to create and nurture a love of country life by encouraging
members to improve the farm home and its surroundings, to develop
organized rural recreational activities, and to create more
interest in the intelligent choice of farming occupations;
(4) to encourage the practice of thrift;
(5) to procure for and distribute to State associations, local
chapters, and members all official supplies and equipment of the
corporation;
(6) to publish an official magazine and other publications for
the members of the corporation;
(7) to strengthen the confidence of young men and women in
themselves and their work, to encourage members in the
development of individual farming programs, and to promote their
permanent establishment in farming by -
(A) encouraging improvement in scholarship;
(B) providing prizes and awards to deserving students who
have achieved distinction in vocational agriculture, including
farm mechanics activities on a local, State, or national basis;
and
(C) assisting financially, through loans or grants, deserving
students in all-day vocational agriculture classes and young
farmers under 30 years of age who were former students in
all-day vocational agriculture classes in becoming
satisfactorily established in a farming occupation;
(8) to cooperate with others, including State boards for
vocational education, in accomplishing these purposes; and
(9) to engage in other activities, consistent with these
purposes, determined by the governing body to be for the best
interests of the corporation.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1356.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
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70902 36:273. Aug. 30, 1950, ch. 823, Sec.
3, 64 Stat. 563.
--------------------------------------------------------------------
In clause (1), the reference to the Vocational Education Act of
1946 (ch. 541, 49 Stat. 1488) is omitted because that Act was
repealed by section 103 of the Act of October 16, 1968 (Public Law
90-576, 82 Stat. 1091). The words "States, territories, and
possessions" are substituted for "several States and Territories"
for consistency in the revised title and with other titles of the
United States Code.
In clause (7), the words "young men and women" are substituted
for "farm boys and young men" to use gender-neutral terminology.
-REFTEXT-
REFERENCES IN TEXT
The Smith-Hughes Vocational Education Act, referred to in par.
(1), is act Feb. 23, 1917, ch. 114, 39 Stat. 929, as amended, which
was classified to sections 11 to 15 and 16 to 28 of Title 20,
Education, prior to repeal by Pub. L. 105-33, title VI, Sec. 6201,
Aug. 5, 1997, 111 Stat. 653. For complete classification of this
Act to the Code, see Short Title note set out under section 11 of
Title 20 and Tables.
-End-
-CITE-
36 USC Sec. 70903 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70903. Membership
-STATUTE-
(a) Eligibility. - Except as provided in this chapter,
eligibility for membership in the corporation and the rights and
privileges of members are as provided in the bylaws.
(b) Voting. - In matters of official business of a local chapter,
each member has one vote. In matters of official business of a
State association, each qualified delegate of a local chapter has
one vote.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1356.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70903 36:276. Aug. 30, 1950, ch. 823, Sec.
6, 64 Stat. 565.
--------------------------------------------------------------------
In subsection (b), the words "In matters of" are substituted for
"In the conduct of" for clarity and to eliminate unnecessary words.
-End-
-CITE-
36 USC Sec. 70904 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70904. Governing body
-STATUTE-
(a) Board of Directors. - (1) The board of directors is the
governing body of the corporation. The board shall exercise the
powers granted to the corporation.
(2) The board consists of the Secretary of Education, four staff
members in the Department of Education, and four State supervisors
of agriculture education. The Secretary is chairman of the board.
(3) The term of office of the directors and the method of
selecting the directors (except ex officio directors) are as
provided in the bylaws.
(4) The board shall meet at least annually at the time and place
provided in the bylaws. The annual report of the board shall be
presented at that meeting. Special meetings of the board may be
called at any time by the chairman.
(b) Governing Committee. - The board may designate the chairman
of the board and two members of the chairman's staff as a governing
committee. When the board is not in session, the governing
committee has the powers of the board subject to the board's
direction and may authorize the seal of the corporation to be
affixed to all papers that require it.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1357.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70904(a) 36:278(a)-(c), (e). Aug. 30, 1950, ch. 823, Sec.
8, 64 Stat. 565.
70904(b) 36:278(d).
--------------------------------------------------------------------
In subsection (a), the text of 36:278(e) is omitted as obsolete.
In paragraph (2), the words "Secretary of Education" and
"Department of Education" are substituted for "Chief of the
Agricultural Education Service, Office of Education, Federal
Security Agency" and "Agricultural Education Service, Office of
Education, Federal Security Agency", respectively, in section 8(a)
of the Act of August 30, 1950 (ch. 823, 64 Stat. 565), because of
sections 5 and 8 of Reorganization Plan No. 1 of 1953 (5 App.
U.S.C.) and 20:3441 and 3507.
-End-
-CITE-
36 USC Sec. 70905 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70905. National officers
-STATUTE-
(a) Composition. - The national officers of the corporation are a
student president, four student vice presidents (one from each of
four regions of the United States established in the bylaws for
purposes of administration of the corporation), a student
secretary, an executive secretary, a treasurer, and a national
advisor.
(b) Board of Student Officers. - The national student officers of
the corporation comprise a board of student officers. The board of
student officers shall advise and make recommendations to the board
of directors about the activities and business of the corporation.
(c) Election. - The national officers of the corporation shall be
elected annually by a majority vote of the delegates assembled in
the annual national convention from among qualified members of the
corporation, except that -
(1) the national advisor shall be the Secretary of Education;
(2) the executive secretary shall be a member of the Department
of Education; and
(3) the treasurer shall be an employee or member of a State
agency that directs or supervises a State program of agricultural
education under the provisions of the Smith-Hughes Vocational
Education Act (20 U.S.C. 11-15, 16-28).
(d) Vote at National Convention. - Each qualified delegate has
one vote at the annual national convention.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1357.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70905 36:277. Aug. 30, 1950, ch. 823, Sec.
7, 64 Stat. 565.
--------------------------------------------------------------------
In subsection (c), the words "Secretary of Education" and
"Department of Education" are substituted for "Chief of the
Agricultural Education Service, Office of Education, Federal
Security Agency" and "that service", respectively, in section 7(c)
of the Act of August 30, 1950 (ch. 823, 64 Stat. 565), because of
sections 5 and 8 of Reorganization Plan No. 1 of 1953 (5 App.
U.S.C.) and 20:3441 and 3507. In clause (3), the reference to the
Vocational Education Act of 1946 (ch. 541, 49 Stat. 1488) is
omitted because that Act was repealed by section 103 of the Act of
October 16, 1968 (Public Law 90-576, 82 Stat. 1091).
-REFTEXT-
REFERENCES IN TEXT
The Smith-Hughes Vocational Education Act, referred to in subsec.
(c)(3), is act Feb. 23, 1917, ch. 114, 39 Stat. 929, as amended,
which was classified to sections 11 to 15 and 16 to 28 of Title 20,
Education, prior to repeal by Pub. L. 105-33, title VI, Sec. 6201,
Aug. 5, 1997, 111 Stat. 653. For complete classification of this
Act to the Code, see Short Title note set out under section 11 of
Title 20 and Tables.
-End-
-CITE-
36 USC Sec. 70906 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70906. Powers
-STATUTE-
The corporation may -
(1) adopt and amend bylaws and regulations for the management
of its property and the regulation of its affairs, including the
establishment and maintenance of local chapters and State
associations of chapters;
(2) adopt and alter a corporate seal;
(3) adopt emblems and badges;
(4) choose officers, managers, agents, and employees as the
activities of the corporation require;
(5) make contracts;
(6) acquire, own, lease, encumber, and transfer property as
necessary or convenient to carry out the purposes of the
corporation;
(7) borrow money, issue instruments of indebtedness, and secure
its obligations by granting security interests in its property;
(8) use corporate funds to give prizes, awards, loans, and
grants to deserving students and young farmers to carry out the
purposes of the corporation;
(9) publish a magazine and other publications;
(10) procure for and distribute to State associations, local
chapters, and members all official Future Farmers of America
supplies and equipment;
(11) sue and be sued; and
(12) do any other act necessary and proper to carry out the
purposes of the corporation.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1357.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70906 36:274. Aug. 30, 1950, ch. 823,
Secs. 4, 19, 64 Stat. 564,
567.
36:289.
--------------------------------------------------------------------
In this section, the text of 36:289 is omitted as executed and
obsolete.
In clause (1), the word "amend" is substituted for "alter" for
consistency in the revised title. The words "not inconsistent with
the laws of the United States or any State in which such
corporation is to operate" are omitted as unnecessary.
In clause (2), the word "use" is omitted as unnecessary.
In clause (5), the words "make contracts" are substituted for
"contract and be contracted with" to eliminate unnecessary words.
Clause (6) is substituted for "to take and hold by lease, gift,
purchase, grant, devise, or bequest any property, real or personal,
necessary for attaining the objects and accomplishing the purposes
of the corporation" and "to transfer and convey real or personal
property" for consistency in the revised title and to eliminate
unnecessary words. The words "subject to applicable provisions of
law of any State (A) governing the amount or kind of real and
personal property which may be held by, or (B) otherwise limiting
or controlling the ownership of real and personal property by, a
corporation operating in such State" are omitted as unnecessary.
In clause (7), the words "for the purposes of the corporation"
are omitted as unnecessary. The words "issue instruments of
indebtedness, and secure its obligations by granting security
interests in its property" are substituted for "issue bonds
therefor, and secure the same by mortgage" for consistency in the
revised title. The words "subject to all applicable provisions of
Federal or State law" are omitted as unnecessary.
In clause (8), the words "to carry out the purposes of the
corporation" are substituted for "for the purposes set forth in
section 273 of this title" for consistency in the revised title.
In clause (11), the words "complain, and defend in any court of
competent jurisdiction" are omitted as unnecessary.
In clause (12), the words "any other act" are substituted for
"any and all acts and things" for consistency in the revised title
and to eliminate unnecessary words. The word "objects" is omitted
as included in "purposes".
-End-
-CITE-
36 USC Sec. 70907 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70907. Exclusive right to name, seals, emblems, and badges
-STATUTE-
The corporation and its authorized chapters and associations of
chapters have the exclusive right to use the name "Future Farmers
of America" and the initials FFA as representing an agricultural
membership organization and seals, emblems, and badges the
corporation adopts.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1358.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70907 36:286. Aug. 30, 1950, ch. 823, Sec.
16, 64 Stat. 566.
--------------------------------------------------------------------
The words "duly", "sole", and "lawfully" are omitted as
unnecessary.
-End-
-CITE-
36 USC Sec. 70908 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70908. Restrictions
-STATUTE-
(a) Stock and Dividends. - The corporation may not issue stock or
declare or pay a dividend.
(b) Political Activities. - The corporation or a director,
officer, or member as such may not contribute to, support, or
assist a political party or candidate for elective public office.
(c) Distribution of Income or Assets. - The income or assets of
the corporation may not inure to the benefit of, or be distributed
to, a director, officer, or member, except on dissolution or final
liquidation of the corporation.
(d) Loans. - The corporation may not make a loan to a director,
officer, or employee. Directors who vote for or assent to making a
loan to a director, officer, or employee, and officers who
participate in making the loan, are jointly and severally liable to
the corporation for the amount of the loan until it is repaid.
(e) Prizes, Awards, Grants, or Loans to Student Officers and
Members Meeting Criteria. - This section does not preclude prizes,
awards, grants, or loans to student officers and members meeting
the criteria established by the board of directors for selecting
recipients of those benefits.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1358.)
-MISC1-
HISTORICAL AND REVISION NOTES
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Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70908(a) 36:282. Aug. 30, 1950, ch. 823,
Secs. 9, 10, 12, 64 Stat.
566.
70908(b) 36:280.
70908(c) 36:279(a).
70908(d) 36:279(b).
70908(e) 36:279(c).
--------------------------------------------------------------------
In subsection (a), the words "any shares or" and "its objects and
purposes being solely educational" are omitted as unnecessary and
for consistency in the revised title.
In subsection (c), the words "inure to the benefit of" are
substituted for "inure to" for consistency in the revised title.
The words "as provided in section 285 of this title" are omitted as
unnecessary.
-End-
-CITE-
36 USC Sec. 70909 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70909. Availability of personnel, services, and facilities of
Department of Education
-STATUTE-
On request of the board of directors of the corporation, the
Secretary of Education may make personnel, services, and facilities
of the Department of Education available to administer or assist in
the administration of the activities of the corporation. Personnel
of the Department may not receive compensation from the corporation
for their services, except that travel and other legitimate
expenses as defined by the Secretary and approved by the board may
be paid. The Secretary also may cooperate with the State boards for
vocational education to assist in the promotion of the activities
of the corporation.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1358.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70909 36:288. Aug. 30, 1950, ch. 823, Sec.
18, 64 Stat. 567.
--------------------------------------------------------------------
The words "Secretary of Education" and "Secretary" are
substituted for "United States Commissioner of Education",
"Commissioner of Education", and "Commissioner", and the words
"Department of Education" are substituted for "Office of
Education", in section 18 of the Act of August 30, 1950 (ch. 823,
64 Stat. 567), because of 20:3441 and 3507. The words "with the
approval of the Federal Security Administrator" and "with the
approval of the Administrator" are omitted because the functions of
the Federal Security Administrator were transferred to the
Secretary of Health, Education, and Welfare by section 5 of
Reorganization Plan No. 1 of 1953 (5 App. U.S.C.), and were
subsequently transferred to the Secretary of Education by 20:3441.
See also 20:3507. Substitution of a reference to the "Secretary of
Education" would result in a requirement of the Secretary's own
approval. The word "activities" (the first time it appears) is
substituted for "business and activities" for consistency in the
revised title.
-End-
-CITE-
36 USC Sec. 70910 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70910. Headquarters and principal office
-STATUTE-
The headquarters and principal office of the corporation shall be
in the District of Columbia. However, the activities of the
corporation are not confined to the District of Columbia but may be
conducted throughout the States, territories, and possessions of
the United States.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1359.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70910 36:275 (1st Aug. 30, 1950, ch. 823, Sec.
sentence). 5 (1st sentence), 64 Stat.
565.
--------------------------------------------------------------------
The word "office" is substituted for "offices" for consistency in
the revised title. The word "various" is omitted as unnecessary.
-End-
-CITE-
36 USC Sec. 70911 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70911. Records and inspection
-STATUTE-
(a) Records. - The corporation shall keep -
(1) correct and complete records of account;
(2) minutes of the proceedings of its members, board of
directors, and committees having any of the authority of its
board of directors; and
(3) a record of the names and addresses of its members entitled
to vote.
(b) Inspection. - A member, or an agent or attorney of the
member, may inspect the records of the corporation at any
reasonable time.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1359.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70911 36:283. Aug. 30, 1950, ch. 823, Sec.
13, 64 Stat. 566.
--------------------------------------------------------------------
The word "records" is substituted for "books and records" for
consistency in the revised title and with other titles of the
United States Code.
-End-
-CITE-
36 USC Sec. 70912 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70912. Service of process
-STATUTE-
(a) District of Columbia. - The corporation shall have a
designated agent in the District of Columbia to receive service of
process for the corporation. Designation of the agent shall be
filed in the office of the clerk of the United States District
Court for the District of Columbia. Notice to or service on the
agent, or mailed to the business address of the agent, is notice to
or service on the corporation.
(b) States, Territories, and Possessions. - As a condition to the
exercise of any power or privilege granted by this chapter, the
Corporation (!1) shall file, with the Secretary of State or other
designated official of each State, territory, or possession of the
United States in which a subordinate association or chapter is
organized, the name and address of an agent in that State,
territory, or possession on whom legal process or demands against
the corporation may be served.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1359.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70912(a) 36:275 (2d, last Aug. 30, 1950, ch. 823,
sentences). Secs. 5 (2d, last
sentences), 17, 64 Stat.
565, 567.
70912(b) 36:287.
--------------------------------------------------------------------
In subsection (a), the word "have" is substituted for "maintain"
for consistency in the revised title. The words "at all times",
"authorized", and "deemed sufficient" are omitted as unnecessary.
In subsection (b), the word "precedent" is omitted as
unnecessary. The words "with the secretary of state or other
designated official" are substituted for "in the Office of the
Secretary of State, or similar officer" for consistency in the
revised title. The words "post office" and "authorized" are omitted
as unnecessary.
-FOOTNOTE-
(!1) So in original. Probably should not be capitalized.
-End-
-CITE-
36 USC Sec. 70913 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70913. Liability for acts of officers and agents
-STATUTE-
The corporation is liable for the acts of its officers and agents
acting within the scope of their authority.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1359.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70913 36:281. Aug. 30, 1950, ch. 823, Sec.
11, 64 Stat. 566.
--------------------------------------------------------------------
-End-
-CITE-
36 USC Sec. 70914 01/06/03
-EXPCITE-
TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND
ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 709 - FUTURE FARMERS OF AMERICA
-HEAD-
Sec. 70914. Distribution of assets on dissolution or final
liquidation
-STATUTE-
On dissolution or final liquidation of the corporation, any
assets remaining after the discharge of all liabilities shall be
used by the board of directors for the benefit of students of
vocational agriculture or be transferred to a recognized
educational foundation.
-SOURCE-
(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1359.)
-MISC1-
HISTORICAL AND REVISION NOTES
--------------------------------------------------------------------
Revised Source (U.S. Code) Source (Statutes at Large)
Section
--------------------------------------------------------------------
70914 36:285. Aug. 30, 1950, ch. 823, Sec.
15, 64 Stat. 566.
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The word "satisfaction" is omitted as included in "discharge",
and the word "obligations" is omitted as included in "liabilities".
The word "outstanding" is omitted as unnecessary.
-End-
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Enviado por: | El remitente no desea revelar su nombre |
Idioma: | inglés |
País: | Estados Unidos |