Page:United States Statutes at Large Volume 73.djvu/116

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[73 Stat. 78]
PUBLIC LAW 86-000—MMMM. DD, 1959
[73 Stat. 78]

78

PUBLIC LAW 86-47-JUNE 17, 1959

[73 S T A T.

M E M B E R S H I P; VOTING B I G H T S

SEC. 5. (a) Eligibility for membership in the corporation and the rights, privileges, and designation of classes of membership shall, except as provided in this Act, be determined as the constitution and bylaws of the corporation may provide. Eligibility for membership in the corporation shall be limited to female blood relatives of persons who served between April 12, 1861, and April 9, 1865, as soldiers, or sailors of the United States Army, Navy, Marine Corps, or RevenueCutter Service, and of such State regiments as were called into active service and were subject to orders of United States general officers between the dates above mentioned and were honorably discharged therefrom at the close of such service or who died in such service. (b) Each member of the corporation shall have the right to one vote in each matter submitted to a vote at all meetings of the members of the corporation. GOVEBNING BODY

SEC. 6. The supreme governing authority of the corporation shall be the national convention thereof, composed of such officers and elected representatives from the several States and other local subdivisions of the corporate organization as shall be provided by the constitution and bylaws: Provided, That the form of the government of the corporation shall always be representative of the membership at large and shall not permit the concentration of control thereof in the hands of a limited number of members or in a self-perpetuating group not so representative. The meetings of the national convention may be held in any State or Territory or in the District of Columbia. OFFICERS OF CORPORATION

SEC. 7. The officers of the corporation shall be selected in such manner and for such terms and with such duties and titles as may be prescribed in the constitution and bylaws of the corporation. P R I N C I P A L OFFICE; SCOPE OF ACTIVITIES; DISTRICT OF COLUMBIA A G E N T

SEC. 8. (a) The principal office of the corporation shall be located in Washington, District of Columbia, or in such other place as may later be determined by the corporation, but the activities of the corporation shall not be confined to that place and may be conducted throughout the various States, Territories, and possessions of the United States. (b) The corporation shall have in the District of Columbia at all times a designated agent authorized to accept service of process for the corporation; and notice to or service upon such agent, or mailed to the business address of such agent, shall be deemed notice to or service upon the corporation. U S E OF I N C O M E; L O A N S TO OFFICERS, DIRECTORS, OR E M P L O Y E E S

SEC. 9. (a) No part of the income or assets of the corporation shall inure to any of its members or officers as such, or be distributable to any of them during the life of the corporation or upon its dissolution or final liquidation. Nothing in this subsection, liowever, shall be construed to prevent the payment of compensation to officers of the corporation or reimbursement for actual necessary expenses in amounts approved by the council of administration of the corporation. (b) The corporation shall not make loans to its officers or employees. Any member of the council of administration who votes for or assents to the making of a loan or advance to an officer or employee