§80505. Governing body

(a) Board of Directors.—The board of directors and the responsibilities of the board are as provided in the articles of incorporation.

(b) Officers.—The officers and the election of officers are as provided in the articles of incorporation.

(c) Nondiscrimination.—The requirements for holding office in the corporation may not discriminate on the basis of race, color, religion, or national origin.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1363.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
80505(a) 36:1606. Dec. 4, 1980, Pub. L. 96–497, §§3 (related to discrimination in holding office), 6, 7, 94 Stat. 2595, 2596.
80505(b) 36:1607.  
80505(c) 36:1603 (related to discrimination in holding office).  

In subsections (a) and (b), the words "and in conformity with the laws of the State or States where incorporated" in 36:1606 and 36:1607 are omitted as unnecessary.