Page:United States Statutes at Large Volume 92 Part 2.djvu/364

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PUBLIC LAW 95-000—MMMM. DD, 1978

92 STAT, 1644

PUBLIC LAW 95-493—OCT. 20, 1978 POWERS OF THE CORPORATION

36 USC 1204.

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SEC. 4. The corporation shall have the power— (a) to sue and be sued, complain, and defend in any court of competent jurisdiction; , (b) to adopt, alter, and use a corporate seal; (c) to choose officers, managers, and agents as the business of the corporation may require; !} (d) to charge and collect membership dues; ^"-^ (e) to adopt, amend, apply, and alter a constitution and bylaws not inconsistent with the laws of the United States of America or any State in which the corporation is to operate, for the management of its property and the regulation of its affairs; (f) to contract and be contracted with; (g) to take hold by lease, gift, purchase, grant, devise, bequest, or otherwise any property, real, personal, or mixed, necessary or convenient for attaining the objects of the corporation, subject, however, to applicable provisions of law of any State (1) governing the amount or kind of real and personal property which may be held by, or (2) otherwise limiting or controlling the ownership or real and personal property which may be held by, or (3) otherwise limiting or controlling the ownership of real and personal property by, a corporation operating in such State; (h) to transfer, lease, or convey real or personal property; (i) to borrow money for the purposes of the corporation and issue bonds or other evidences of indebtedness therefor and secure > the same mortgage or pledge subject to applicable Federal or State laws; (j) to conduct campaigns for raising of funds and to accept contributions from individuals, corporations, and other bodies, foundations, and organizations; (k) to print, to create and distribute commemorative medals, edit and publish, make, display, and sell books and magazines, .;. pictures, slides, and cinemas, as may be necessary or desirable for the accomplishment of the purposes of the corporation; (1) to buy, sell, and generally deal in appropriate and related souvenirs, commemorative medals, curios, momentos, and publications; and (m) to do any and all acts necessary and proper to carry out the purposes of the corporation. PRINCIPAL OFFICE; TERRITORIAL SCOPE OF ACTIVITIES; RESIDENT AGENT

36 USC 1205.

SEC. 5. (a) The principal office of the corporation shall be located in Washington, District of Columbia, or in such other place as may later be determined by the board of directors, but the activities of the corporation shall not be confined to that place and may be conducted throughout the various possessions of the United States. (b) The corporation shall have in the District of Columbia at all times a designated agent authorized to accept service of process for the corporation, and notice to or service upon such agent or mailed to the business address of such agent shall be deemed as service or notice upon the corporation.