CHAPTER 307 —BOARD FOR FUNDAMENTAL EDUCATION
§30701. Organization
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30701 | 36:501. | July 19, 1954, ch. 536, §§1, 2, |
| 36:502. |
This section is substituted for the source provisions for consistency in the revised title and to eliminate executed and unnecessary words.
The text of 36:502 is omitted as executed and obsolete.
§30702. Purpose
The purpose of the corporation is to foster the development of fundamental education through programs and projects such as—
(1) giving citizens (children, youth, and adults) an opportunity to acquire the understandings and skills necessary to relate the resources of the community to the needs and interests of the community;
(2) demonstrating programs of fundamental education and measuring results; and
(3) training men and women as leaders in fundamental education by providing internships and other experiences.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30702 | 36:503. | July 19, 1954, ch. 536, §3, |
Before clause (1), the word "objects" is omitted as unnecessary.
§30703. Membership
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30703 | 36:506. | July 19, 1954, ch. 536, §6, |
§30704. Governing body
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30704(a) | 36:507. | July 19, 1954, ch. 536, §§7, 8, |
| 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.
§30705. Powers
The corporation may—
(1) adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
(2) adopt and alter a corporate seal;
(3) choose officers, managers, agents, and employees as the activities of the corporation require;
(4) make contracts;
(5) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;
(6) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
(7) use corporate funds to give prizes, awards, loans, scholarships, and grants to deserving students to carry out the purpose of the corporation;
(8) publish a magazine and other publications;
(9) sue and be sued; and
(10) do any other act necessary and proper to carry out the purpose of the corporation.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30705 | 36:504. | July 19, 1954, ch. 536, §4, |
In clause (1), the word "amend" is substituted for "alter" for consistency in the revised title. The words "not inconsistent with the laws of the United States or any State in which the corporation is to operate" are omitted as unnecessary.
In clause (2), the word "use" is omitted as unnecessary.
In clause (4), the words "make contracts" are substituted for "contract and be contracted with" to eliminate unnecessary words.
Clause (5) is substituted for "take and hold by lease, gift, purchase, grant, devise, or bequest any property, real or personal, necessary for attaining the objects of accomplishing the purposes of the corporation" and "transfer and convey real or personal property" for consistency in the revised title and to eliminate unnecessary words. The words "subject to applicable provisions of law of any State (A) governing the amount or kind of real and personal property which may be held by, or (B) otherwise limiting or controlling the ownership of real and personal property by, a corporation operating in such State" are omitted as unnecessary.
In clause (6), the words "for the purposes of the corporation" are omitted as unnecessary. The words "issue instruments of indebtedness and secure its obligations by granting security interests in its property" are substituted for "issue bonds therefor, and secure the same by mortgage" for consistency in the revised title. The words "subject to all applicable provisions of Federal or State law" are omitted as unnecessary.
In clause (9), the words "complain and defend in any court of competent jurisdiction" are omitted as unnecessary.
In clause (10), the words "any other act" are substituted for "any and all acts and things" for consistency in the revised title.
§30706. Exclusive right to name, seals, emblems, and badges
The corporation has the exclusive right to use the name "Board for Fundamental Education" and seals, emblems, and badges the corporation adopts.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30706 | 36:516. | July 19, 1954, ch. 536, §16, |
The word "sole" is omitted as included in "exclusive". The words "as representing such corporation" and "lawfully" are omitted as unnecessary.
§30707. Restrictions
(a)
(b)
(c)
(d)
(e)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30707(a) | 36:512 (words after comma). | July 19, 1954, ch. 536, §§9, 10, 12, |
| 30707(b) | 36:512 (words before comma). | |
| 30707(c) | 36:510. | |
| 30707(d) | 36:509(a). | |
| 30707(e) | 36:509(b). |
In subsection (a), the word "pecuniary" is omitted as unnecessary.
In subsection (b), the words "any shares of" are omitted as unnecessary.
In subsection (d), the words "inure to the benefit of" are substituted for "inure to" for consistency in the revised title. The words "as provided in
§30708. Principal office
The principal office of the corporation shall be in a place the board of directors decides is appropriate. However, the activities of the corporation may be conducted throughout the States, territories, and possessions of the United States.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30708 | 36:505 (1st, last sentences). | July 19, 1954, ch. 536, §5 (1st, last sentences), |
§30709. Records and inspection
(a)
(1) correct and complete records of account;
(2) minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors; and
(3) a record of the names and addresses of its members entitled to vote.
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30709 | 36:513. | July 19, 1954, ch. 536, §13, |
The word "records" is substituted for "books and records" for consistency in the revised title and with other titles of the United States Code.
§30710. Service of process
(a)
(b)
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30710(a) | 36:505 (2d, 3d sentences). | July 19, 1954, ch. 536, §§5 (2d, 3d sentences), 17, |
| 30710(b) | 36:517. |
In subsection (a), the word "have" is substituted for "maintain at all times", and the word "authorized" is omitted, for consistency in the revised title and to eliminate unnecessary words. The words "is notice to or service on the corporation" are substituted for "shall be deemed sufficient notice or service upon the corporation" for consistency in the revised title.
In subsection (b), the word "precedent" is omitted as unnecessary. The words "with the secretary of state or other designated official" are substituted for "in the office of the Secretary of State, or similar office" for consistency in the revised title. The words "post office" and "authorized" are omitted as unnecessary.
§30711. Liability for acts of officers and agents
The corporation is liable for the acts of its officers and agents acting within the scope of their authority.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30711 | 36:511. | July 19, 1954, ch. 536, §11, |
§30712. Distribution of assets on dissolution or final liquidation
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be used by the board of directors for the purpose stated in
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 30712 | 36:515. | July 19, 1954, ch. 536, §15, |
The word "satisfaction" is omitted as included in "discharge", and the word "obligations" is omitted as included in "liabilities". The word "outstanding" is omitted as unnecessary.