Page:United States Statutes at Large Volume 76.djvu/313

 76 STAT. ]

PUBLIC LAW 87-569-AUG. 6, 1962

265

Public Law 87-569 AN ACT To provide for the incorporation of certain nonprofit corporations in the District of Columbia, and for other purposes.

August 6, 1962 [H. R. 6967]—

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That t h i s Act shall ^ °bi*'Non'rofit be k n o w n and may be cited as the " District of Columbia Nonprofit c^orationAct. Corporation Act". CONTENTS Sec. 1. Short Title. 2. Definitions. .3. Applicability. 4. Purposes. 5. General Powers. 6. Defense of Ultra Vires. 7. Corporate Name. 8. Reserved Name. 9. Registered Office and Registered Agent. 10. Change of Registered Office or Registered Agent 11. Registered Agent as an Agent for Service. 12. Members. 13. Bylaws. 14. Meetings of Members. 15. Notice of Members' Meetings. 16. Voting. 17. Quorum. 18. Board of Directors. 19. Number, Election, Classification, and Removal of Directors. 20. Vacancies. 21. Quorum of Directors. 22. Committees. 23. Place and Notice of Directors' Meetings. 24. Officers.

25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. .'^ 59. 60. 61. 62.

Removal of Officers. Books and Records. Shares of Stock and Dividends Prohibited. Loans to Directors and Officers Prohibited. Incorporators. Articles of Incorporation. Filing of Articles of Incorporation. Effect of Issuance of Certificate of Incorporation. Organization Meetings. Right To Amend Articles of Incorporation. Procedure To Amend Articles of Incorporation. Articles of Amendment. Filing of Articles of Amendment Effect of Certificate of Amendment. Procedure for Merger. Procedure for Consolidation. Approval of Merger or Consolidation. Articles of Merger or Consolidation. Effective Date of the Merger or Consolidation. Effect of Merger or Consolidation. Merger or Consolidation of Domestic and Foreign Corporations. Sale, Lease, Eixchange, or Mortgage of Assets. Voluntary Dissolution. Distribution of Assets. Plan of Distribution. Revocation of Voluntary Dissolution Proceedings. Articles of Dissolution. Filing of Articles of Dissolution, Involuntary Dissolution. Venue and Procesa Jurisdiction of Court To Liquidate Assets and Affairs of Corporation. Procedure in Liquidation of Corporation by Court Qualification of Receivers. Filing of Claims in Liquidation Proceedings. Discontinuance of Liquidation Proceedings. Decree of Dissolution. Filing of Decree of Dissolution. Deposits in Registry of Court.

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