Page:United States Statutes at Large Volume 112 Part 2.djvu/470

 112 STAT. 1354 PUBLIC LAW 105-225—AUG. 12, 1998 § 70510. 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, or mailed to the business address of the agent, is notice to or service on the corporation. § 70511. Liability for acts of ofGcers and agents The corporation is liable for the acts of its officers and agents acting within the scope of their authority. § 70512. Deposit 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 deposited in the Treasury of the United States as a miscellaneous receipt. CHAPTER 707—FREDERICK DOUGLASS MEMORIAL AND inSTORICAL ASSOCIATION Sec. 70701. Organization. 70702. Purposes. 70703. Governing body. 70704. Powers. 70705. Management of homestead and erection of monument. 70706. Property exempt from taxation. 70707. Misnomer not to affect transfer of property. 70708. Nonapplication of audit requirements. §70701. Organization (a) FEDERAL CHARTER.— Frederick Douglass Memorial and Historical Association (in this chapter, the "corporation") is a body corporate and politic in the District of Columbia. (b) PERPETUAL EXISTENCE. — Except as otherwise provided, the corporation has perpetual existence. §70702. Purposes The purposes of the corporation are— (1) to preserve to posterity the memory of the life and character of the late Frederick Douglass; and (2) to collect, collate, and preserve a historical record of the inception, progress, and culmination of the antislavery movement in the United States, and to assemble in the homestead of the late Frederick Douglass, commonly called Cedar Hill, in the village of Anacostia, District of Columbia, all suitable exhibits of records or things illustrative or commemorative of the antislavery movement and history that are donated to, or acquired by, the corporation. §70703. Governing body (a) BOARD OF TRUSTEES. —(1) The board of trustees is the governing body of the corporation. The board shall exercise the powers granted to the corporation. (2) The board shall consist of at least 9 but not more than 19 members. A vacancy on the board shall be filled by decision of the remaining members of the board. (3) The board shall adopt a seal under which all acts of the corporation shall be passed and authenticated.

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