The corporation has only the powers provided in its bylaws and articles of incorporation filed in the State in which it is incorporated.
Pub. L. 105–225112 Stat. 1385(, , .)
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Historical and Revision Notes |
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
140706 | 36:5002. | Oct. 23, 1992, Pub. L. 102–484, title XVIII, § 1802, 106 Stat. 2581. |
The words “and subject to the laws of such State” are omitted as unnecessary.