Page:United States Statutes at Large Volume 76.djvu/352

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[76 Stat. 304]
PUBLIC LAW 87-000—MMMM. DD, 1962
[76 Stat. 304]

304

PUBLIC LAW 87-569-AUG. 6, 1962

[76 STAT.

STATEMENT OF ELECTION TO ACCEl'T T H I S ACT

SEC. 102. The statement of election to accept this Act shall be executed in duplicate by the corporation by its president or vice president, and the corporate seal shall be thereto affixed, attested by its secretary, or an assistant secretary, and shall set forth— (a) the name of the corporation; (b) a statement by the corporation that it has elected to accept this Act; (c) where there are members having voting rights— (1) a statement setting forth the date of the meeting of the members at which the election to accept this Act was adopted; that a quorum was present at such meeting, and that such acceptance received the affirmative vote of at least two-thirds of the votes entitled to be cast by members present or represented by proxy at such meeting, or (2) a statement that such election to accept this Act was adopted by a consent, in writing, signed by all members entitled to vote with respect thereto; (d) where there are no members or no members having voting rights, a statement of such fact, the date of the meeting of the board of directors at which the election to accept this Act was adopted, and the statement of the fact that such acceptance received the vote of a majority of the directors in office; (e) the purpose or purposes (which may be different from its existing purposes) which it will thereafter pursue, and shall not include any purpose prohibited to a corporation organized under this Act; (f) if the corporation has no members, a statement to that effect; (g) if the corporation has members, there shall be set forth— (1) the number of classes of members; (2) if there is more than one class of members, a statement of the qualifications and rights and limitations of each class of members; (3) if members, or any class or classes of members, are not entitled to vote, a statement to that effect; (4) if members, or any class or classes of members are entitled to vote, a statement setting forth the voting rights and of any limitation or limitations thereof of members or of any class or classes thereof; (h) any other provision, not inconsistent with law, or this Act, for the regulation of the internal affairs of the corporation; (i) the address, including street and number, if any, of its registered office in the District of Columbia and the name of its registered agent at such address; (j) the names and respective addresses, including street and number, if any, of its officers and directors; (k) it shall not be necessary to set forth in the statement of election to accept this Act any of the corporate purposes enumerated in this Act. Whenever a provision in the statement of election to accept this Act is inconsistent with a bylaw, the provision vyf the statement of election to accept this Act shall be controlling. F I L I N G OF STATEMENT OF ELECTION TO ACCEPT T H I S ACT

SEC. 103. (a) Duplicate originals of the statement of election to accept this Act shall be delivered to the Commissioners.