§21504. Acquisition and management of property
Enacted 1998 · reading the current textFull lineage →
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Latest NOW As originally enacted Aug 12, 199836 U.S.C. § 21504
Notes, amendments, and revision history
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1296.)
| Historical and Revision Notes | ||
|---|---|---|
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
| 21504 | 36:4902. | Jan. 30, 1913, ch. 21, § 2, 37 Stat. 654; June 14, 1929, ch. 23, 46 Stat. 11; Oct. 1, 1965, Pub. L. 89–231, § 1, 79 Stat. 901. |
The words “may acquire, own, lease, encumber, and transfer” are substituted for “is authorized to take by purchase, gift, grant, devise, and bequest, and to hold, mortgage, lease, transfer, and convey” for consistency in the revised title and to eliminate unnecessary words. The words “real and personal” are omitted as unnecessary. The words “to carry out the purpose of the corporation” are substituted for “for the purposes of the said corporation” and “as may be deemed necessary for the wants or development of the corporation or any of them” for consistency in the revised title and to eliminate unnecessary words.