-CITE-

36 USC CHAPTER 1541 - NAVAL SEA CADET CORPS 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

CHAPTER 1541 - NAVAL SEA CADET CORPS

-MISC1-

Sec.

154101. Organization.

154102. Purposes.

154103. Membership.

154104. Governing body.

154105. Powers.

154106. Exclusive right to name, insignia, emblems, badges,

marks, and words.

154107. Restrictions.

154108. Principal office.

154109. Records and inspection.

154110. Service of process.

154111. Liability for acts of officers and agents.

154112. Annual report.

154113. Distribution of assets on dissolution or final

liquidation.

-End-

-CITE-

36 USC Sec. 154101 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154101. Organization

-STATUTE-

(a) Federal Charter. - Naval Sea Cadet Corps (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. 1432.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154101 36:1041. Sept. 10, 1962, Pub. L.

87-655, Secs. 1, 4(1), 76

Stat. 530, 531.

36:1044(1).

--------------------------------------------------------------------

This section is substituted for the source provisions for

consistency in the revised title and to eliminate unnecessary and

executed words.

-End-

-CITE-

36 USC Sec. 154102 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154102. Purposes

-STATUTE-

The purposes of the corporation are, through organization and

cooperation with the Department of the Navy -

(1) to encourage and aid American young people to develop an

interest and skill in basic seamanship and in its naval

adaptations;

(2) to train them in seagoing skills; and

(3) to teach them patriotism, courage, self-reliance, and

kindred virtues.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1432.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154102 36:1042. Sept. 10, 1962, Pub. L.

87-655, Sec. 2, 76 Stat.

531; Nov. 29, 1974, Pub. L.

93-504, 88 Stat. 1575.

--------------------------------------------------------------------

The word "objects" is omitted as included in "purposes".

-End-

-CITE-

36 USC Sec. 154103 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154103. Membership

-STATUTE-

Except as provided in this chapter, eligibility for membership in

the corporation and the rights, privileges, and designation of

classes of members are as provided in the constitution and bylaws

of the corporation.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1432.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154103 36:1046. Sept. 10, 1962, Pub. L.

87-655, Sec. 6, 76 Stat. 532.

--------------------------------------------------------------------

-End-

-CITE-

36 USC Sec. 154104 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154104. Governing body

-STATUTE-

(a) Board of Directors. - (1) The board of directors is the

governing body of the corporation. The board is responsible for the

general policies and program of the corporation and the control of

all funds of the corporation.

(2) The number of directors, their manner of selection (including

the filling of vacancies), and their term of office are as provided

in the constitution and bylaws. However, the board shall have at

least 10 but not more than 25 directors.

(b) Officers. - (1) The officers of the corporation are a

president, one or more vice presidents as provided in the

constitution and bylaws, a secretary, a treasurer, and other

officers as provided in the constitution and bylaws.

(2) The manner of election, term of office, and duties of the

officers are as provided in the constitution and bylaws.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1432.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154104(a) 36:1047. Sept. 10, 1962, Pub. L.

87-655, Secs. 7, 8, 76 Stat.

532.

154104(b) 36:1048.

--------------------------------------------------------------------

Subsection (a) is substituted for the source provision for

consistency in the revised title. The text of 36:1047(a) and the

word "Thereafter" in 36:1047(b) are omitted as obsolete.

-End-

-CITE-

36 USC Sec. 154105 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154105. Powers

-STATUTE-

The corporation may -

(1) adopt and amend a constitution and bylaws for the

management of its property and the regulation of its affairs;

(2) adopt and alter a corporate seal;

(3) choose officers, managers, employees, and agents as the

activities of the corporation require;

(4) make contracts;

(5) acquire, own, lease, encumber, and transfer property as

necessary or convenient to carry out the purposes of the

corporation;

(6) borrow money, issue instruments of indebtedness, and secure

its obligations by granting security interests in its property;

and

(7) sue and be sued.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1432.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154105 36:1044(2)-(9). Sept. 10, 1962, Pub. L.

87-655, Secs. 3, 4(2)-(9),

17, 76 Stat. 531, 534.

36:1043.

36:1057.

--------------------------------------------------------------------

In this section, the text of 36:1043 and 1057 is omitted as

executed and obsolete.

In clause (1), the word "alter" is omitted as unnecessary. The

words "not inconsistent with the laws of the United States or any

State in which the corporation is to operate" are omitted as

unnecessary.

In clause (2), the word "use" is omitted as unnecessary.

In clause (4), the words "make contracts" are substituted for

"contract and be contracted with" for consistency in the revised

title and to eliminate unnecessary words.

Clause (5) is substituted for "to take by lease, gift, purchase,

grant, devise, or bequest from any private corporation,

association, partnership, firm or individual and to hold any

property, real, personal or mixed, necessary or convenient for

attaining the objects and carrying into effect the purposes of the

corporation" and "transfer, convey, lease, sublease, encumber and

otherwise alienate real, personal, or mixed property" for

consistency in the revised title and to eliminate unnecessary

words. The words "subject, however, to applicable provisions of law

of any State (A) governing the amount or kind of property which may

be held by or (B) otherwise limiting or controlling the ownership

of property by, a corporation operating in such State" are omitted

as unnecessary.

In clause (6), 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, deed of trust, pledge or

otherwise" for consistency in the revised title. The words "subject

in every case to all applicable provisions of Federal and State

laws" are omitted as unnecessary.

In clause (7), the words "complain and defend in any court of

competent jurisdiction" are omitted as unnecessary.

-End-

-CITE-

36 USC Sec. 154106 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154106. Exclusive right to name, insignia, emblems, badges,

marks, and words

-STATUTE-

The corporation has the exclusive right to use the name "Naval

Sea Cadet Corps" and distinctive insignia, emblems, and badges,

descriptive or designating marks, and words or phrases required to

carry out the duties and powers of the corporation. This section

does not affect any vested rights.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154106 36:1056. Sept. 10, 1962, Pub. L.

87-655, Sec. 16, 76 Stat.

533.

--------------------------------------------------------------------

The words "sole", "to have and", and "in carrying out its

purposes" are omitted as unnecessary. The words "required to carry

out the duties and powers of the corporation" are substituted for

"as may be required in the furtherance of its functions" for

consistency in the revised title and with other titles of the

United States Code. The words "This section does not affect any

vested rights" are substituted for "No powers or privileges granted

shall, however, interfere or conflict with established or vested

rights" for consistency in the revised title and to eliminate

unnecessary words.

-End-

-CITE-

36 USC Sec. 154107 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154107. 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 or

officer as such may not contribute to, support, or assist a

political party or candidate for 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 during the life of the

corporation or on its dissolution or final liquidation. This

subsection does not prevent the payment of compensation to an

officer in an amount approved by the board of directors.

(d) Loans. - The corporation may not make a loan or advance to a

director, officer, or employee. Directors who vote for or assent to

making a loan or advance to a director, officer, or employee, and

officers who participate in making the loan or advance, are jointly

and severally liable to the corporation for the amount of the loan

or advance until it is repaid.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154107(a) 36:1052. Sept. 10, 1962, Pub. L.

87-655, Secs. 9, 10, 12, 76

Stat. 532, 533.

154107(b) 36:1050.

154107(c) 36:1049(a).

154107(d) 36:1049(b).

--------------------------------------------------------------------

In subsection (a), the words "any shares of" are omitted as

unnecessary.

In subsection (c), the words "inure to the benefit of" are

substituted for "inure to" for consistency in the revised title.

In subsection (d), the words "or advance" are added in 2 places

for consistency in the subsection.

-End-

-CITE-

36 USC Sec. 154108 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154108. Principal office

-STATUTE-

The principal office of the corporation shall be in Tacoma,

Washington, or another place decided by the board of directors.

However, the activities of the corporation are not confined to the

place where the principal office is located but may be conducted

throughout the States, territories, and possessions of the United

States.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154108 36:1045(a). Sept. 10, 1962, Pub. L.

87-655, Sec. 5(a), 76 Stat.

531.

--------------------------------------------------------------------

The word "various" is omitted as unnecessary.

-End-

-CITE-

36 USC Sec. 154109 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154109. 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) at its principal office, a record of the names and

addresses of its members entitled to vote.

(b) Inspection. - A member entitled to vote, or an agent or

attorney of the member, may inspect the records of the corporation

for any proper purpose, at any reasonable time.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154109 36:1053. Sept. 10, 1962, Pub. L.

87-655, Sec. 13, 76 Stat.

533.

--------------------------------------------------------------------

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. 154110 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154110. Service of process

-STATUTE-

The corporation shall have a designated agent in the District of

Columbia to receive service of process for the corporation. Notice

to or service on the agent, or mailed to the business address of

the agent, is notice to or service on the corporation.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154110 36:1045(b). Sept. 10, 1962, Pub. L.

87-655, Sec. 5(b), 76 Stat.

531.

--------------------------------------------------------------------

The words "at all times" are omitted as unnecessary. The words

"to receive" are substituted for "authorized to accept", and the

words "is notice to or service on" are substituted for "shall be

deemed notice to or service upon", for consistency in the revised

title.

-End-

-CITE-

36 USC Sec. 154111 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154111. 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. 1433.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154111 36:1051. Sept. 10, 1962, Pub. L.

87-655, Sec. 11, 76 Stat.

533.

--------------------------------------------------------------------

-End-

-CITE-

36 USC Sec. 154112 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154112. Annual report

-STATUTE-

The corporation shall submit an annual report to the Secretary of

the Navy on the activities of the corporation during the prior

calendar year. The Secretary shall communicate to Congress any part

of the report that the Secretary considers appropriate.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1434.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154112 36:1058. Sept. 10, 1962, Pub. L.

87-655, Sec. 18, 76 Stat.

534.

--------------------------------------------------------------------

The word "proceedings" is omitted as included in "activities".

The word "year" is substituted for "years" to correct an error. The

words "any part of the report that the Secretary considers

appropriate" are substituted for "the whole of such reports, or

such portion thereof as he shall see fit" to eliminate unnecessary

words.

TERMINATION OF REPORTING REQUIREMENTS

For termination, effective May 15, 2000, of provisions of law

requiring submittal to Congress of any annual, semiannual, or other

regular periodic report listed in House Document No. 103-7 (in

which a report required under this section is listed on page 74),

see section 3003 of Pub. L. 104-66, as amended, set out as a note

under section 1113 of Title 31, Money and Finance.

-End-

-CITE-

36 USC Sec. 154113 01/06/03

-EXPCITE-

TITLE 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND

ORGANIZATIONS

Subtitle II - Patriotic and National Organizations

Part B - Organizations

CHAPTER 1541 - NAVAL SEA CADET CORPS

-HEAD-

Sec. 154113. 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

distributed as provided by the board of directors, but in

compliance with the constitution and bylaws of the corporation.

-SOURCE-

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1434.)

-MISC1-

HISTORICAL AND REVISION NOTES

--------------------------------------------------------------------

Revised Source (U.S. Code) Source (Statutes at Large)

Section

--------------------------------------------------------------------

154113 36:1055. Sept. 10, 1962, Pub. L.

87-655, Sec. 15, 76 Stat.

533.

--------------------------------------------------------------------

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. The words "as

provided by" are substituted for "in accordance with the

determination of" to eliminate unnecessary words. The words "and

all Federal and State laws applicable thereto" are omitted as

unnecessary.

-End-