Page:United States Statutes at Large Volume 112 Part 2.djvu/459

 PUBLIC LAW 105-225—AUG. 12, 1998 112 STAT. 1343 (e) CLAIM OF GOVERNMENTAL APPROVAL OR AUTHORIZATION. — The corporation may not claim congressional approval or the authority of the United States Government for any of its activities. § 50108. Duty to maintain tax-exempt status The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.). If the corporation does not maintain that status, the charter granted by this chapter expires. § 50109. Records and inspection (a) RECORDS.—The corporation shall keep— (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) at its principal office, a record of the names and addresses of its members entitled to vote. (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. §50110. Service of process The corporation shall comply with the law on service of process of each State in which it is incorporated and each State in which it carries on activities. §50111. 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. §50112. Annual report The corporation shall submit an annual report to Congress on the activities of the corporation during the prior fiscal year. The report shall be submitted at the same time as the report of the audit required by section 10101 of this title. The report may not be printed as a public document. CHAPTER 503—DISABLED AMERICAN VETERANS Sec. 50301. Organization. 50302. Purposes. 50303. Membership. 50304. Powers. 50305. Exclusive right to name. 50306. Restrictions. 50307. Service of process. 50308. Annual report. §50301. Organization (a) FEDERAL CHARTER. —Disabled American Veterans (in this chapter, the "corporation") is a federally chartered corporation. (b) PERPETUAL EXISTENCE. —Except as otherwise provided, the corporation has perpetual existence. §50302. Purposes The purposes of the corporation are— (1) to uphold and maintain the Constitution and laws of the United States;

�