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)60106 36:4802. Nov. 5, 1990, Pub. L. 101–510, title XVI, §1602, 104 Stat. 1736. The words "and subject to the laws of such State or States" are omitted as unnecessary.
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