Collapse to view only § 200102. Purposes
- § 200101. Organization
- § 200102. Purposes
- § 200103. Powers
- § 200104. Restrictions
- § 200105. Principal office
- § 200106. Nonapplication of audit requirements
§ 200101. Organization
Society of American Florists and Ornamental Horticulturists (in this chapter, the “corporation”) is a body corporate and politic in the District of Columbia.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1451.)
§ 200102. Purposes
The purposes of the corporation are to educate members of the florist industry and the public, and to promote scientific development, in floriculture and horticulture.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1451.)
§ 200103. Powers
The corporation may—
(1) adopt a constitution and bylaws for the management of its property and the regulation of its affairs; and
(2)
(A) hold property, in the District of Columbia or elsewhere, necessary to carry out the purposes of the corporation, in an amount not to exceed $1,000,000; and
(B) hold other property donated or bequeathed in any State or territory of the United States.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1451.)
§ 200104. Restrictions
(a)Profit.—The corporation may not operate for profit.
(b)Use of Earnings.—Earnings generated by the corporation may be used only for the purposes provided in section 200102 of this title.
(c)Use of Property.—Property held by the corporation, and the proceeds from the property, may be used only for the purposes provided in section 200102 of this title.
(d)Parks in the District of Columbia.—The corporation may not occupy any park in the District of Columbia.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1452.)
§ 200105. Principal office
The principal office of the corporation shall be located in the District of Columbia. However, annual meetings may be held wherever the corporation decides.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1452.)
§ 200106. Nonapplication of audit requirements
The audit requirements of section 10101 of this title do not apply to the corporation.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1452.)