§ 20103. Membership
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/usc/title-36/section-20103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Eligibility.— Except as provided in this chapter, eligibility for membership in the corporation and the rights, privileges, and designation of classes of members are as provided in the bylaws.
(b)Voting.— Each member given voting rights by the bylaws has one vote on each matter submitted to a vote at a meeting of the voting members. The vote may be cast in the manner provided in the bylaws.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1284.)
In subsection (a), the words “are as provided in the bylaws” are substituted for “shall . . . be determined as the bylaws of the corporation may provide” to eliminate unnecessary words.
In subsection (b), the words “the right to” are omitted as unnecessary.
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- Pub. L. 105–225
- 112 Stat. 1284
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§ 20103
Membership
Pub. L.Pub. L. 105–225
Stat.112 Stat. 1284
Cites 2Cited by 0 across 0 sources