§ 210104 - Governing body

CHAPTER 2101— THEODORE ROOSEVELT ASSOCIATION

(a) A self-perpetuating board of trustees shall manage and direct the property and affairs of the corporation.

(b) The board of trustees may adopt and amend a constitution, bylaws, and regulations for—

(b)(1) the selection of successor trustees;

(b)(2) the admission of members;

(b)(3) the election of officers; and

(b)(4) the conduct of the affairs of the corporation.

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 21010436:4704 (1st par., last par. less regulations for membership).May 31, 1920, ch. 216, § 4 (1st par., last par. less regulations for membership), 41 Stat. 693.

The text of 36:4704 (2d sentence) is omitted as executed and obsolete.

In subsection (b), before clause (1), the words “adopt and amend” are substituted for “adopt from time to time . . . and alter, amend, or repeal” for consistency in the revised title and to eliminate unnecessary words. The word “rules” is omitted as included in “regulations”.