Legalize§ 70105. Governing body
§ 70105. Governing body
(a) Board of Directors.— The board of directors and the responsibilities of the board are as provided in the bylaws and articles of incorporation.
(b) Officers.— The officers and the election of officers are as provided in the bylaws and articles of incorporation.
(c) Nondiscrimination.— The requirements for serving as a director or officer may not discriminate on the basis of race, color, religion, sex, disability, age, or national origin.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1348.)
In subsections (a) and (b), the words “and in conformity with the laws of the State of Delaware” are omitted as unnecessary.
In subsection (c), the words “The requirements for serving as a director or officer” are substituted for “in determining the requirements for serving on the board of directors or as an officer of the association” for consistency in the revised title and to eliminate unnecessary words.
| Historical and Revision Notes | ||
|---|---|---|
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| 70105(a) | 36:5606. | Sept. 23, 1996, Pub. L. 104–201, title XVIII, §§ 1806, 1807, 1808(g) (related to directors and officers), 110 Stat. 2761. |
| 70105(b) | 36:5607. | |
| 70105(c) | 36:5608(g) (related to directors and officers). |
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