CHAPTER 1543—NAVY CLUB OF THE UNITED STATES OF AMERICA

        

§154301. Organization

(a) Federal Charter.—Navy Club of the United States of America (in this chapter, the "corporation") is a federally chartered corporation.

(b) Perpetual Existence.—Except as otherwise provided, the corporation has perpetual existence.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1434.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
154301(a)	36:140.	June 6, 1940, ch. 239, §§1, 3(a), 54 Stat. 232, 233.
154301(b)	36:140b(a).

This section is substituted for the source provisions for consistency in the revised title and to eliminate obsolete words.

§154302. Purposes

The purposes of the corporation are—

(1) to encourage, promote, and maintain comradeship among individuals who are or have been in the active service of the United States Navy, the United States Marine Corps, or the United States Coast Guard;

(2) to revere, honor, and perpetuate the memory of individuals described in paragraph (1) of this section who have departed this life;

(3) to promote and encourage further public interest in the United States Navy, the United States Marine Corps, and the United States Coast Guard, and the history of those organizations;

(4) to uphold the spirit and ideals of the United States Navy, the United States Marine Corps, and the United States Coast Guard;

(5) to promote the ideals of American freedom and democracy and to fit its members for the duties of citizenship and to encourage them to serve as ably as citizens as they have served the Nation under arms; and

(6) to maintain true allegiance to American institutions.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1434.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
154302	36:140a.	June 6, 1940, ch. 239, §2, 54 Stat. 232.

In this section, the word "individuals" is substituted for "persons" for consistency in the revised title and with other titles of the United States Code.

In clause (1), the words "further" and "those" are omitted as unnecessary.

In clause (2), the words "described in clause (1) of this section" are substituted for "those . . . who have been such members" for clarity.

Statutory Notes and Related Subsidiaries

Transfer of Functions

For transfer of authorities, functions, personnel, and assets of the Coast Guard, including the authorities and functions of the Secretary of Transportation relating thereto, to the Department of Homeland Security, and for treatment of related references, see sections 468(b), 551(d), 552(d), and 557 of Title 6, Domestic Security, and the Department of Homeland Security Reorganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6.

§154303. Powers

The corporation may—

(1) adopt and amend bylaws;

(2) adopt and alter a corporate seal;

(3) appoint or elect officers and agents;

(4) choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;

(5) establish and maintain offices to conduct its activities;

(6) acquire, own, lease, encumber, and transfer property as necessary or appropriate to carry out the purposes of the corporation;

(7) charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;

(8) sue and be sued; and

(9) do any other act necessary or appropriate to carry out the purposes of the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1434.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
154303	36:140b(b)–(j).	June 6, 1940, ch. 239, §3(b)–(j), 54 Stat. 233.

In clause (1), the words "not inconsistent with the Constitution and laws of the United States or of any State" are omitted as unnecessary.

In clause (2), the words "at pleasure" are omitted as unnecessary.

Clause (6) is substituted for "acquire, by purchase, devise, bequest, gift, or otherwise, and hold, encumber, convey, or otherwise dispose of such real and personal property as may be necessary or appropriate for its corporate purposes" for consistency in the revised title.

In clause (9), the word "generally" is omitted as unnecessary. The words "any other act" are substituted for "any and all lawful acts" for consistency in the revised title.

§154304. Annual report

Not later than December 1 of each year, the corporation shall submit a report to Congress on the activities of the corporation during the prior calendar year. The report may not be printed as a public document.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1435.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
154304	36:140c.	June 6, 1940, ch. 239, §4, 54 Stat. 233; Aug. 30, 1964, Pub. L. 88–504, §4(11), 78 Stat. 637.

This section is substituted for the source provision for consistency in the revised title.

Statutory Notes and Related Subsidiaries

Termination of Reporting Requirements

For termination, effective May 15, 2000, of reporting provisions in this section, see section 3003 of Pub. L. 104–66, set out as a note under section 1113 of Title 31, Money and Finance, and page 205 of House Document No. 103–7.