Page:United States Statutes at Large Volume 112 Part 2.djvu/433

 PUBLIC LAW 105-225—AUG. 12, 1998 112 STAT. 1317 30303. Membership. 30304. Governing body. 30305. Powers. 30306. Exclusive right to name, seals, emblems, and badges. 30307. Restrictions. 30308. Principal office. 30309. Records and inspection. 30310. Service of process. 30311. Liability for acts of officers and agents. 30312. Distribution of assets on dissolution or final liquidation. §30301. Organization - (a) FEDERAL CHARTER. — Blinded Veterans Association (in this chapter, the "corporation") is a federally chartered corporation. (b) PERPETUAL EXISTENCE. — Except as otherwise provided, the corporation has perpetual existence. §30302. Purposes The purposes of the corporation are— (1) to operate as a not-for-profit corporation exclusively for charitable, educational, patriotic, and civic improvement purposes; (2) to promote the welfare of blinded veterans so that, notwithstanding their disabilities, they may take their rightful place in the community and work with their fellow citizens toward the creation of a peaceful world; (3) to preserve and strengthen a spirit of fellowship among blinded veterans so that they may give mutual aid and assistance to one another; and (4) to maintain and extend the institutions of American freedom and to encourage loyalty to the Constitution and laws of the United States and of the States in which they reside. §30303. Membership (a) GENERAL MEMBERSHIP.— An individual who served in the Armed Forces of the United States and who, in the line of duty in that service, sustained a substantial impairment of sight or vision as defined by the bylaws of the corporation is eligible for general membership in the corporation. (b) HONORARY AND ASSOCIATE MEMBERSHIP. —In addition to general membership, the corporation shall have special classes of honorary and associate membership. Eligibility for, and the rights and obligations of, those special classes are as provided in the bylaws. §30304. Governing body (a) BOARD OF DIRECTORS.—(1) The number of directors of the corporation shall be at least three but not more than 15. The directors shall be divided into a specified number of classes. Each class shall hold office for a definite period of years as provided in the bylaws. (2) A majority of the directors must be present at a meeting of directors to constitute a quorum. A majority vote of the directors present at a meeting at which there is a quorum is necessary for the transaction of business. (3) A director may be removed at any time for just and proper cause by a majority vote of a quorum of directors present at a meeting called for that purpose. (4) A vacancy in the office of director may be filled by a majority vote of a quorum of the remaining directors present at

�