Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

30704(a)

36:507.

July 19, 1954, ch. 536, §§ 7, 8, 68 Stat. 491.

30704(b)

36:508.

In subsection (a), the words “The board of directors is the governing body of the corporation” are substituted for “The corporation shall be governed by a board of directors” for consistency in the revised title.

In subsection (b), the words “from time to time” are omitted as unnecessary.