Page:United States Statutes at Large Volume 112 Part 2.djvu/430

 112 STAT. 1314 PUBLIC LAW 105-225—AUG. 12, 1998 (b) INSPECTION.— ^A member entitled to vote, or an agent or attorney of the member, may inspect the records of the corporation for any proper purpose, at any reasonable time. §23109. Statement required in audit report The corporation shall include in the audit report statement required under section 10101(b)(1)(B) of this title a schedule of all contracts requiring payments greater than $10,000 and all pay- ments of compensation or fees at a rate greater than $10,000 a year. §23110. Service of process The corporation shall have a designated agent in the District of Columbia to receive service of process for the corporation. Notice to or service on the agent is notice to or service on the corporation. § 23111. Liability for acts of ofRcers and agents The corporation is liable for the acts of its officers and agents acting within the scope of their authority. §23112. 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 distributed as provided by the board of trustees, but consistent with the purposes of the corporation and in compliance with the charter and bylaws. CHAPTER 301—BIG BROTHERS—BIG SISTERS OF AMERICA Sec. 30101. Organization. 30102. Purposes. 30103. Membership. 30104. Governing body. 30105. Powers. 30106. Exclusive right to names, seals, emblems, and badges. 30107. Restrictions. 30108. Principal office. 30109. Records and inspection. 30110. Service of process. 30111. Liability for acts of officers and agents. 30112. Distribution of assets on dissolution or final liquidation. §30101. Organization (a) FEDERAL CHARTER. — Big Brothers—Big Sisters of America (in this chapter, the "corporation") is a federally chartered corporation. (b) PLACE OF INCORPORATION AND DOMICILE. — The corporation is declared to be incorporated and domiciled in the District of Columbia. (c) PERPETUAL EXISTENCE. — Except as otherwise provided, the corporation has perpetual existence. §30102. Purposes The purposes of the corporation are— (1) to assist individuals throughout the United States in solving their social and economic problems and in their health and educational and character development;

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