Page:United States Statutes at Large Volume 99 Part 1.djvu/522

 99 STAT. 500

PUBLIC LAW 99-119—OCT. 7, 1985 power to contribute to, support, or otherwise participate in any political activity or in any manner attempt to influence legislation.

Prohibition.

(e) APPROVAL OF THE CONGRESS OR THE FEDERAL GOVERNMENT.—

The corporation shall have no power to claim congressional approval or Federal Government authority for any of its activities. 36 USC 3609.

SEC. 9. LIABILITY.

The corporation shall be liable for the acts of its officers and agents when they have acted within the scope of their authority. 36 USC 3610.

SEC. 10. BOOKS AND RECORDS; INSPECTION.

The corporation shall keep correct and complete books and records of accounts and shall keep minutes of any proceeding 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 to vote in any proceeding of the corporation. All books and records of the corporation may be inspected by any member, or any agent or attorney of such member, for any proper purpose, at any reasonable time. SEC. 11. AUDIT OF FINANCIAL TRANSACTIONS.

78 Stat. 635.

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 (78 Stat. 636; 36 U.S.C. 1101), is amended by adding at the end thereof the following: "(69) Pearl Harbor Survivors Association.".

36 USC 3611.

SEC. 12. ANNUAL REPORT.

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 the report of the audit of the corporation required pursuant to section 2 of the Act entitled "An Act to provide for audit of accounts of private corporations established under Federal law.", approved August 30, 1964 (78 Stat. 636; 36 U.S.C. 1102). The report shall not be printed as a public document. 36 USC 3612.

SEC. 13. RESERVATION OF RIGHT TO AMEND OR REPEAL CHARTER.

The right to alter, amend, or repeal this Act is expressly reserved to the Congress. 36 USC 3613.

SEC. 14. DEFINITION OF "STATE".

For purposes of this Act, the term "State" includes the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, and the territories and possessions of the United States. 36 USC 3614.

SEC. 15. TAX-EXEMPT STATUS.

The corporation shall maintain its status as an organization exempt from taxation as provided in the Internal Revenue Code of 26 USC 1 et seq.

1954.

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