Page:United States Statutes at Large Volume 98 Part 2.djvu/185

 PUBLIC LAW 98-382—AUG. 17, 1984

98 STAT. 1345

LIABILITY

SEC. 9. The corporation shall be liable for the acts of its officers and agents when acting within the scope of their authority. BOOKS AND

RECORDS;

36 USC 2609.

INSPECTION

SEC. 10. The corporation shall keep correct and complete books 36 USC 2610. and records of account and shall keep minutes of any proceeding of the corporation involving any of its members, the board of directors, or any committee having authority under the board of directors. The corporation shall keep at its principal office a record of the names and addresses of all members having the right of vote. All books and records of such corporation may be inspected by any member having the right to vote, or by any agent or attorney of such member, for any proper purpose, at any reasonable time. Nothing in this section shall be construed to contravene any applicable State law. AUDIT OF FINANCIAL TRANSACTIONS

SEC. 11. The first section of the Act entitled "An Act to provide for audit of accounts of private corporations established under Federal law", approved August 30, 1964 (36 U.S.C. 1101), is amended by adding at the end thereof the following: "(60) Catholic War Veterans of the United States of America, Incorporated.". ANNUAL REPORT

SEC. 12. The corporation shall report annually to the Congress concerning the activities of the corporation during the preceding fiscal year. Such annual report shall be submitted at the same time as is the report of the audit required by section 11 of this Act. The report shall not be printed as a public document.

36 USC 2611.

RESERVATION OF RIGHT TO AMEND OR REPEAL CHARTER

SEC. 13. The right to alter, amend, or repeal this Act is expressly Congress. reserved to the Congress. 36 USC 2612. DEFINITION OF " S T A T E "

SEC. 14. For purposes of this Act, the term "State" includes the District of Columbia, the Commonwealth of Puerto Rico, and the territories and possessions of the United States.

36 USC 2613.

TAX-EXEMPT STATUS

SEC. 15. The corporation shall maintain its status as an organiza- 36 USC 2614. tion exempt from taxation as provided in the Internal Revenue Code. If the corporation fails to maintain such status, the charter 26 USC i et seq. granted hereby shall expire.

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