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U.S. Code, Title 36, Patriotic Societies and Observances
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 80104. Property
The corporation may—
(1) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation; and
(2) issue instruments of indebtedness in relation to its real property.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1360.)
Historical and Revision Notes
Revised Section
Source (U.S. Code)
Source (Statutes at Large)
80104 36:3502. Mar. 3, 1901, ch. 860, § 2, 31 Stat. 1439; Apr. 6, 1922, ch. 121, 42 Stat. 490; June 7, 1934, ch. 425, 48 Stat. 925; Dec. 15, 1975, Pub. L. 94–151, § 1, 89 Stat. 809.
Clause (1) is substituted for "acquire, by devise, bequest, or otherwise, hold, purchase, and convey such real and personal estate as shall or may be required for the purpose of its incorporation with authority in said corporation, should it be by it deemed necessary so to do, to mortgage or otherwise encumber the real estate which it may hereafter own or acquire" for consistency in the revised title and to eliminate unnecessary words.
Clause (2) is substituted for "and may give therefor such evidences of indebtedness as such corporation may decide upon" to eliminate unnecessary words. The word "instruments" is substituted for "evidences" for consistency in the revised title.
Contents:
Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 80104. Property," U.S. Code, Title 36, Patriotic Societies and Observances in U.S. Code, Title 36, Patriotic Societies and Observances (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed May 11, 2025, http://www.originalsources.com/Document.aspx?DocID=3WJSQ22PMLYLDKQ.
MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 80104. Property." U.S. Code, Title 36, Patriotic Societies and Observances, in U.S. Code, Title 36, Patriotic Societies and Observances, Washington, D.C., Government Printing Office, 2002, Original Sources. 11 May. 2025. http://www.originalsources.com/Document.aspx?DocID=3WJSQ22PMLYLDKQ.
Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 80104. Property' in U.S. Code, Title 36, Patriotic Societies and Observances. cited in 2002, U.S. Code, Title 36, Patriotic Societies and Observances, Government Printing Office, Washington, D.C.. Original Sources, retrieved 11 May 2025, from http://www.originalsources.com/Document.aspx?DocID=3WJSQ22PMLYLDKQ.
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