§ 40702. Governing body

403 words·~2 min read·/usc/title-36/section-40702

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Board of Directors.—

(1)The board of directors is the governing body of the corporation. The board of directors may adopt bylaws, policies, and procedures for the corporation and may take any other action that it considers necessary for the management and operation of the corporation.

(2)The board shall have at least 9 directors.

(3)The term of office of a director is 2 years. A director may be reappointed.

(4)A vacancy on the board of directors shall be filled by a majority vote of the remaining directors.

(b)Director of Civilian Marksmanship.—

(1)The board of directors shall appoint the Director of Civilian Marksmanship.

(2)The Director is responsible for—

(A)the daily operation of the corporation; and

(B)the duties of the corporation under subchapter II of this chapter.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1335.)

In subsection (a)(1), the words “The board of directors is the governing body of the corporation” are added for consistency in the revised title.

In subsection (a)(3), the words “The term of office of a director is 2 years” are substituted for “Each member of the Board of Directors shall serve for a term of two years”, and the words “A director may be reappointed” are substituted for “Members of the Board of Directors are eligible for reappointment”, for consistency in the revised title and to eliminate unnecessary words.

In subsection (b)(1), the words “an individual to serve as” are omitted as unnecessary.

In subsection (b)(2), before clause (A), the words “is responsible for” are substituted for “shall be responsible for the performance of” to eliminate unnecessary words. In clause (B), the words “duties of the corporation under subchapter II of this chapter” are substituted for “functions described in section 5502” because subchapter II of this chapter restates 36:5502–5504 and 5507 and all of these sections provide for duties of the corporation that are the responsibility of the Director of Civilian Marksmanship.

Connections1 cite this · traces to 1

Cited by 1 section

U.S. Code

§ 40702
Governing body

Traces to 1 document

U.S. Code

Governing body
§ 40702

5 references not yet in our index

Pub. L. 105–225
112 Stat. 1335
Pub. L. 104–106, div. A, title XVI, § 1611(c)(5)
110 Stat. 516
36 U.S.C. 5501(c)(5)

Citation graph

cites case law

§ 40702

Governing body

U.S.C.×1

U.S.C.§ 40702

Pub. L.Pub. L. 105–225

Stat.112 Stat. 1335

Pub. L.Pub. L. 104–106, div. A, title XVI, § 1611(c)(5)

Stat.110 Stat. 516

Cite36 U.S.C. 5501(c)(5)

Cites 6Cited by 1 across 1 source