Statutory Text

15 U.S.C. § 504 — Powers of Foundation

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 13 - TEXTILE FOUNDATION Sec. 504 - Powers of Foundation From the U.S. Government Publishing Office, www.gpo.gov

§504. Powers of Foundation

The corporation— (a) Shall have perpetual succession; (b) May sue and be sued; (c) May adopt a corporate seal and alter it at pleasure; (d) May adopt and alter bylaws; (e) May appoint officers and agents; (f) May acquire by purchase, devise, bequest, gift, or otherwise, and hold, encumber, convey, or otherwise dispose of, such real and personal property as may be necessary or appropriate for its corporate purposes; (g) May invest and reinvest the principal and interest of its funds; and (h) Generally, may do any and all lawful acts necessary or appropriate to carry out the purposes for which the corporation is created.

(June 10, 1930, ch. 440, §4, 46 Stat. 540.)

Source: uscode.house.gov — public domain Official Source ↗

Root-LD Entity Data

◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org

Federation ID

BS-USC15-SEC-CB5300

Entity Class

STATUTE / FEDERAL-CODE-SECTION

Domain Signature

boisestandard.org

Citation

15 U.S.C. § 504

Jurisdiction

Federal — United States

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

038b5ecd0540d978...

Semantic Edges

Pending — corpus passes queued

The statutory text of 15 U.S.C. § 504 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).

Navigate Corpus — Title 15

← 15 U.S.C. § 503 15 U.S.C. § 505 →

Ch. 13 — TEXTILE FOUNDATION

15 U.S.C. § 501 15 U.S.C. § 502 15 U.S.C. § 503 15 U.S.C. § 504 15 U.S.C. § 505 15 U.S.C. § 506

15 U.S.C. — public domain ← All Legislation