Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

21704

36:44 (words before 4th semicolon less perpetual succession, words after 5th semicolon).

Sept. 16, 1919, ch. 59, § 4 (words before 4th semicolon less perpetual succession, words after 5th semicolon), 41 Stat. 285; June 26, 1953, ch. 153, § 1, 67 Stat. 82.

36:47.

Sept. 16, 1919, ch. 59, § 7, 41 Stat. 285.

In this section, the text of 36:47 is omitted as executed and obsolete.

In clause (1), the words “not inconsistent with the laws of the United States or of any State” are omitted as unnecessary.

In clause (2), the words “at pleasure” are omitted as unnecessary.

In clause (3), the word “activities” is substituted for “business” for consistency in the revised title.

Clause (5) is substituted for “to receive, hold, own, use, and dispose of such real estate and personal property as shall be necessary for its corporate purposes” for consistency in the revised title and to eliminate unnecessary words.

In clause (7), the words “in courts of law and equity” are omitted as unnecessary.

In clause (8), the words “do any other act” are substituted for “generally to do any and all such acts and things” for consistency in the revised title and to eliminate unnecessary words.

Editorial Notes
Amendments

2011—Pars. (5) to (9). Puspan. L. 112–66 added par. (5) and redesignated former pars. (5) to (8) as (6) to (9), respectively.