Page:United States Statutes at Large Volume 112 Part 2.djvu/431

 PUBLIC LAW 105-225—AUG. 12, 1998 112 STAT. 1315 (2) to promote the use, by other lay and professional agencies and workers, of the techniques of that assistance developed by the corporation; and (3) to receive, invest, and disburse funds and hold property for the purposes of the corporation. §30103. Membership (a) ELIGIBILITY.— Except as provided in this chapter, eligibility for membership in the corporation and the rights, privileges, and designation of classes of members are as provided in the constitution and bylaws of the corporation. (b) VOTING. —Each member has one vote on each matter submitted to a vote at a meeting of the members. §30104. Governing body (a) BOARD OF DIRECTORS. —(1) The board of directors is the governing body of the corporation. The powers, duties, and responsibilities of the board are as provided in the constitution and bylaws of the corporation. (2) The number of directors is as provided in the constitution. Their manner of selection (including the filling of vacancies) and their term of office are as provided in the constitution and bylaws. (b) OFFICERS. —(1) The officers of the corporation are a chairman of the board of directors, a president, one or more vice presidents as provided in the constitution and bylaws, a secretary, and a treasurer. (2) The manner of election, term of office, and duties of the officers are as provided in the constitution and bylaws. §30105. 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 or convenient 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; and (7) sue and be sued. §30106. Exclusive right to names, seals, emblems, and badges The corporation and its subordinate divisions have the exclusive right to use the names "The Big Brothers of America, Big Sisters International, Incorporated", "Big Sisters of America", "Big Brothers", "Big Sisters", "Big Brothers—Big Sisters of America", and "Big Sisters—Big Brothers", and to use and to allow others to use seals, emblems, and badges the corporation adopts. § 30107. Restrictions (a) STOCK AND DIVIDENDS. — The corporation may not issue stock or declare or pay a dividend.

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