Governing body — Us Code Code § 30903
Us Code Code § 30903 — Governing body. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 30903. Governing body
(a)
(b)
(c)
(A) exercise the powers of the executive board in managing the activities of the corporation; and
(B) authorize the seal of the corporation to be affixed to papers that may require it.
(2) The board, by majority vote of the entire board, may appoint other standing committees. The standing committees may exercise powers as provided in the bylaws.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1325.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30903(a) | 36:25 (1st–4th sentences). | June 15, 1916, ch. 148, §5 (1st–5th, 7th, 8th sentences), 39 Stat. 228. |
| 30903(b) | 36:25 (5th sentence). | |
| 30903(c) | 36:25 (7th, 8th sentences). |
In subsection (a), the text of 36:25 (3d sentence) is omitted as executed and obsolete.
In subsection (c)(1)(A), the words "have and" are omitted as unnecessary. The word "activities" is substituted for "business affairs" for consistency in the revised title.
In subsection (c)(1)(B), the words "have power to" are omitted as unnecessary.
About This Section
36 U.S.C. § 30903 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.
This section may be cited in legal writing as 36 U.S.C. § 30903. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.