CHAPTER 207 —AMERICAN COUNCIL OF LEARNED SOCIETIES
§20701. Definition
For purposes of this chapter, "State" includes the District of Columbia and the territories and possessions of the United States.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20701 | 36:1913. | June 1, 1982, |
The words "the Commonwealth of Puerto Rico" are omitted as included in "the territories and possessions of the United States".
§20702. Organization
American Council of Learned Societies (in this chapter, the "corporation"), a nonprofit corporation incorporated in the District of Columbia, is a federally chartered corporation.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20702 | 36:1901. | June 1, 1982, |
This section is substituted for the sources provision for consistency in the revised title and to eliminate executed and unnecessary words.
§20703. Purposes
The purposes of the corporation are as provided in the articles of incorporation and include—
(1) the advancement of the humanistic studies in all fields of learning; and
(2) the maintenance and strengthening of relations among the national societies devoted to those studies.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20703 | 36:1903. | June 1, 1982, |
The word "objects" is omitted as included in "purposes". The words "and the corporation shall function as authorized by the laws of the State or States where it is incorporated" are omitted as unnecessary.
§20704. Membership
Except as provided in this chapter, eligibility for membership in the corporation and the rights and privileges of members are as provided in the constitution and bylaws of the corporation.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20704 | 36:1905. | June 1, 1982, |
§20705. Governing body
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20705(a) | 36:1906. | June 1, 1982, |
| 20705(b) | 36:1907. |
The words "and in conformity with the laws of the State or States in which it is incorporated" in 36:1906 and "and in conformity with the laws of the State or States wherein it is incorporated" in 36:1907 are omitted as unnecessary.
§20706. Powers
The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20706 | 36:1902. | June 1, 1982, |
The words "(hereinafter referred to as the 'corporation')" and "and subject to the laws of such State or States" are omitted as unnecessary.
§20707. Restrictions
(a)
(b)
(c)
(d)
(e)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20707(a) | 36:1908(d). | June 1, 1982, |
| 20707(b) | 36:1908(c). | |
| 20707(c) | 36:1908(a). | |
| 20707(d) | 36:1908(b). | |
| 20707(e) | 36:1908(e). |
In subsection (a), the words "any shares of" are omitted as unnecessary.
In subsection (c), the words "inure to the benefit of" are substituted for "inure to" for consistency in the revised title.
§20708. Duty to maintain tax-exempt status
The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986 (
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20708 | 36:1914. | June 1, 1982, |
§20709. Records and inspection
(a)
(1) correct and complete records of account;
(2) minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors; and
(3) at its principal office, a record of the names and addresses of its members entitled to vote.
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20709 | 36:1910. | June 1, 1982, |
The word "records" is substituted for "books and records" for consistency in the revised title and with other titles of the United States Code. The words "Nothing in this section shall be construed to contravene any applicable State law" are omitted as unnecessary.
§20710. Service of process
The corporation shall comply with the law on service of process of each State in which it is incorporated and each State in which it carries on activities.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20710 | 36:1904. | June 1, 1982, |
The words "in furtherance of its corporate purposes" are omitted as unnecessary.
§20711. Liability for acts of officers and agents
The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20711 | 36:1909. | June 1, 1982, |
§20712. Annual report
The corporation shall submit an annual report to Congress on the activities of the corporation during the prior fiscal year. The report shall be submitted at the same time as the report of the audit required by
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20712 | 36:1911. | June 1, 1982, |