The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)22906 36:3902. Nov. 6, 1986, Pub. L. 99–604, §2, 100 Stat. 3446. The words "each State" are substituted for "State or States" for consistency in the revised title. The words "and subject to the laws of such State or States" are omitted as unnecessary.
36 U.S.C. § 22906 (2018)
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