Governing body — Us Code Code § 152504
Us Code Code § 152504 — Governing body. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 152504. Governing body
(a)
(2) The board shall consist of at least 15 directors. Their manner of selection (including the filling of vacancies) and term of office are as provided in the constitution and bylaws of the corporation.
(b)
(2) Except for the executive vice president, the officers shall be elected at the annual meeting of the corporation. The executive vice president shall be elected by the board of directors in the manner provided in the constitution and bylaws.
(c)
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1416.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 152504(a) | 36:467. | Aug. 13, 1953, ch. 429, §§7–9, 67 Stat. 571. |
| 152504(b) | 36:468. | |
| 152504(c) | 36:469. |
In subsection (a), the text of 36:467(a) is omitted as obsolete. In paragraph (1), the word "funds" is substituted for "finance" for consistency in the revised title.
About This Section
36 U.S.C. § 152504 is part of Title 36 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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