Collapse to view only § 110303. Governing body
- § 110301. Organization
- § 110302. Purposes
- § 110303. Governing body
- § 110304. Powers
- § 110305. Restrictions
- § 110306. Principal office
- § 110307. Records and inspection
- § 110308. Service of process
- § 110309. Liability for acts of officers and agents
- § 110310. Distribution of assets on dissolution or final liquidation
The principal office of the corporation shall be in the District of Columbia. However, the activities of the corporation are not confined to the District of Columbia but may be conducted throughout the States, territories, and possessions of the United States.
The corporation shall have a designated agent in its headquarters in the District of Columbia to receive service of process for the corporation. Notice to or service on the agent, or mailed to the headquarters of the corporation in the District of Columbia, is notice to or service on the corporation.
The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the board of directors, but in compliance with the constitution and bylaws of the corporation. This section does not allow assets to be distributed to an officer or employee or to inure to the benefit of a private person.