CHAPTER 2305 —VIETNAM VETERANS OF AMERICA, INC.
§230501. 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) |
|---|---|---|
| 230501 | 36:3814. | May 23, 1986, |
The words "the Commonwealth of Puerto Rico" are omitted as included in "the territories and possessions of the United States".
§230502. Organization
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230502(a) | 36:3801. | May 23, 1986, |
| 230502(b) | 36:3817. |
In subsection (a), the words "incorporated in New York" are substituted for "organized under the laws of the State of New York", and the words "is a federally chartered corporation" are substituted for "is hereby recognized as such and is granted a charter", for consistency in the revised title.
In subsection (b), the word "restrictions" is omitted as included in "any provision of this chapter".
§230503. Purposes
The purposes of the corporation are as provided in its articles of incorporation, constitution, and bylaws and include a commitment—
(1) to uphold and defend the Constitution of the United States;
(2) to foster improvement of the condition of Vietnam-era veterans;
(3) to promote the social welfare (including educational, economic, social, physical, and cultural improvement) of Vietnam-era veterans and other veterans in the United States by encouraging their growth, development, readjustment, self-respect, self-confidence, and usefulness;
(4) to improve conditions for Vietnam-era veterans and develop channels of communication to assist Vietnam-era veterans;
(5) to conduct and publish research, on a nonpartisan basis, pertaining to—
(A) the relationship between Vietnam-era veterans and American society;
(B) the Vietnam war experience;
(C) the role of the United States in securing peaceful coexistence for the world community; and
(D) other matters that affect the educational, economic, social, physical, or cultural welfare of Vietnam-era veterans, other veterans, and their families;
(6) to assist disabled Vietnam-era veterans and other veterans in need of assistance and the dependents and survivors of those veterans; and
(7) to consecrate the efforts of the members of the corporation, and Vietnam-era veterans generally, to mutual helpfulness and service to their country.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230503 | 36:3803. | May 23, 1986, |
Before clause (1), the word "objects" is omitted as included in "purposes".
§230504. Membership
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230504(a) | 36:3805. | May 23, 1986, |
| 230504(b) | 36:3808 (related to membership). |
In subsection (a), the words "Except as provided in this chapter" are substituted for "Except as provided in
In subsection (b), the words "The terms of membership" are substituted for "In establishing the conditions of membership in the corporation" for consistency in the revised title and to eliminate unnecessary words.
§230505. Governing body
(a)
(b)
(c)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230505(a) | 36:3806. | May 23, 1986, |
| 230505(b) | 36:3807. | |
| 230505(c) | 36:3808 (related to directors and officers). |
In subsections (a) and (b), the words "Except as provided in
§230506. Powers
The corporation has only the powers provided in its articles of incorporation filed in the State of incorporation and in its constitution and bylaws.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230506 | 36:3802. | May 23, 1986, |
The words "and subject to the laws of such State" are omitted as unnecessary.
§230507. Exclusive right to name, seals, emblems, and badges
The corporation has the exclusive right to use the names "The Vietnam Veterans of America, Inc.", "Vietnam Veterans of America, Inc.", and "Vietnam Veterans of America", and seals, emblems, and badges the corporation adopts. This section does not affect any vested rights.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230507 | 36:3816. | May 23, 1986, |
The word "sole" is omitted as included in "exclusive". The words "the corporation adopts" are substituted for "as the corporation may lawfully adopt" for consistency in the revised title and to eliminate unnecessary words. The words "This section does not affect any" are substituted for "Nothing in this section shall be construed to interfere or conflict with" for consistency in the revised title. The words "established or" are omitted as included in "vested".
§230508. Restrictions
(a)
(b)
(c)
(d)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 230508(a) | 36:3809(c). | May 23, 1986, |
| 230508(b) | 36:3809(a). | |
| 230508(c) | 36:3809(b). | |
| 230508(d) | 36:3809(d). |
In subsection (a), the words "any shares of" are omitted as unnecessary.
In subsection (b), the words "No part of" are omitted as unnecessary. The words "inure to the benefit of" are substituted for "inure to", the words "the charter granted by this chapter" are substituted for "this charter", and the words "This subsection does not prevent" are substituted for "Nothing in this subsection shall be construed to prevent", for consistency in the revised title.
In subsection (d), the words "by virtue of this chapter" are omitted as unnecessary.
§230509. 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) |
|---|---|---|
| 230509 | 36:3815. | May 23, 1986, |
§230510. 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) |
|---|---|---|
| 230510 | 36:3811. | May 23, 1986, |
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.
§230511. 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) |
|---|---|---|
| 230511 | 36:3804. | May 23, 1986, |
The words "in furtherance of its corporate purposes" are omitted as unnecessary.
§230512. 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) |
|---|---|---|
| 230512 | 36:3810. | May 23, 1986, |
§230513. 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) |
|---|---|---|
| 230513 | 36:3812. | May 23, 1986, |
The words "submit an annual report" are substituted for "report annually" 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