Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.
Added Pub. L. 105-354, §1(5)(A), Nov. 3, 1998, 112 Stat. 3243.HISTORICAL AND REVISION NOTES |
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
21006 | 36 App.:5902. | Aug. 13, 1998, Pub. L. 105-231, §2, 112 Stat. 1530. |
The words "each State in which it is incorporated" are substituted for "the State of Texas" for consistency in the revised title. The words "and subject to the laws of the State of Texas" are omitted as unnecessary.