In subsection (a), the words "incorporated in New York" are substituted for "organized under the laws of the State of New York”, and the words "is a federally chartered corporation" are substituted for "is hereby recognized as such and is granted a charter", for consistency in the revised title.

In subsection (b), the word "restrictions" is omitted as included in "any provision of this chapter".

§230503. Purposes

The purposes of the corporation are as provided in its articles of incorporation, constitution, and bylaws and include a commitment

(1) to uphold and defend the Constitution of the United States;

(2) to foster improvement of the condition of Vietnam-era veterans;

(3) to promote the social welfare (including educational, economic, social, physical, and cultural improvement) of Vietnam-era veterans and other veterans in the United States by encouraging their growth, development, readjustment, self-respect, self-confidence, and usefulness;

(4) to improve conditions for Vietnam-era veterans and develop channels of communication to assist Vietnam-era veterans;

(5) to conduct and publish research, on a nonpartisan basis, pertaining to—

(A) the relationship between Vietnam-era veterans and American society;

(B) the Vietnam war experience;

(C) the role of the United States in securing peaceful coexistence for the world community; and

(D) other matters that affect the educational, economic, social, physical, or cultural welfare of Vietnam-era veterans, other veterans, and their families;

(6) to assist disabled Vietnam-era veterans and other veterans in need of assistance and the dependents and survivors of those veterans; and

(7) to consecrate the efforts of the members of the corporation, and Vietnam-era veterans generally, to mutual helpfulness and service to their country.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1486.) HISTORICAL AND REVISION NOTES

In subsection (a), the words "Except as provided in this chapter" are substituted for "Except as provided in section 3808 of this title" for consistency in the revised title.

In subsection (b), the words "The terms of membership" are substituted for "In establishing the conditions of membership in the corporation" for consistency in the revised title and to eliminate unnecessary words.

§230505. Governing body

(a) BOARD OF DIRECTORS.-The board of directors and the responsibilities of the board are as provided in the constitution and bylaws of the corporation.

(b) OFFICERS.-The officers and the election of officers are as provided in the constitution and bylaws of the corporation.

(c) NONDISCRIMINATION.-The requirements for serving as a director or officer may not discriminate on the basis of race, color, religion, sex, disability, age, or national origin.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1487.) HISTORICAL AND REVISION NOTES

The corporation has only the powers provided in its articles of incorporation filed in the State of incorporation and in its constitution and bylaws.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1487.) HISTORICAL AND REVISION NOTES

Revised Section

Source (U.S. Code)

230506

36:3802.

Source (Statutes at Large) May 23, 1986, Pub. L. 99-318, §2, 100 Stat. 474.

The words "and subject to the laws of such State" are omitted as unnecessary.

§ 230507. Exclusive right to name, seals, emblems, and badges

The corporation has the exclusive right to use the names "The Vietnam Veterans of America, Inc.", "Vietnam Veterans of America, Inc.", and

(a) STOCK AND DIVIDENDS.-The corporation may not issue stock or declare or pay a dividend.

(b) DISTRIBUTION OF INCOME OR ASSETS.-The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member during the life of the charter granted by this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the board of directors.

(c) LOANS.-The corporation may not make a loan to a director, officer, or employee.

(d) CLAIM OF GOVERNMENTAL APPROVAL OR AUTHORITY. The corporation may not claim congressional approval or the authority of the United States Government for any of its activities.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1487.) HISTORICAL AND REVISION NOTES

§ 230510. 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. (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1487.) HISTORICAL AND REVISION NOTES

230508(b)

36:3809(a).

In subsection (a), the words "any shares of" are omitted as unnecessary.

In subsection (b), the words "No part of”' are omitted as unnecessary. The words "inure to the benefit of" are substituted for "inure to", the words "the charter granted by this chapter" are substituted for "this charter", and the words "This subsection does not prevent" are substituted for "Nothing in this subsection shall be construed to prevent", for consistency in the revised title.

In subsection (d), the words "by virtue of this chapter" are omitted as unnecessary.

§ 230509. 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.).

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1487.)

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. (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1488.) HISTORICAL AND REVISION NOTES

words "is a federally chartered corporation" are substituted for "is recognized as such and is granted a Federal charter", for consistency in the revised title.

In subsection (b), the word "restrictions" is omitted as included in "any provision".

§ 240103. Purposes

The purposes of the corporation are as provided in its articles of incorporation and include a continuing commitment on a national basis— (1) to promote the general welfare of all veterans, especially women veterans, who have served or are serving in the United States Army, the Army Reserve, and the Army National Guard;

(2) to recognize outstanding women in college ROTC units throughout the United States; and

(3) to provide services and support to patients in medical facilities of the Department of Veterans Affairs throughout the United States.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1488.) HISTORICAL AND REVISION NOTES

Source (Statutes at Large)

Liability for acts of officers and agents.
Annual report.

§ 240101. Definition

Oct. 30, 1984, Pub. L. 98-684, $3, 98 Stat. 3097; June 13, 1991. Pub. L. 102-54, §13(n)(7), 105 Stat. 278.

Revised Section

Source (U.S. Code)

Source (Statutes at Large)

(a) STOCK AND DIVIDENDS.-The corporation may not issue stock or declare or pay a dividend.

(b) POLITICAL ACTIVITIES.—The corporation or a director or officer as such may not contribute to, support, or otherwise participate in any political activity or in any manner attempt to influence legislation.

(c) DISTRIBUTION OF INCOME OR ASSETS.-The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member during the life of the charter granted by this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the board of directors.

(d) LOANS.-The corporation may not make a loan to a director, officer, or employee.

(e) CLAIM OF GOVERNMENTAL APPROVAL OR AUTHORITY.—The corporation may not claim the approval or the authority of the United States Government for any of its activities.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1489.) HISTORICAL AND REVISION NOTES

§ 240109. 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.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1489.) HISTORICAL AND REVISION NOTES

In subsection (a), the words "any shares of" are omitted as unnecessary.

In subsection (b), the words "as such" are substituted for "thereof" for consistency in the revised title.

In subsection (c), the words "inure to the benefit of" are substituted for "inure" for consistency in the revised title. The words "This subsection does not prevent" are substituted for "Nothing in this subsection shall be construed to prevent" for consistency in the revised title and to eliminate unnecessary words.

§ 240108. 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.).

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1489.)

§ 240112. Annual report

§ 300102. Purposes

The purposes of the corporation are—

(1) to provide volunteer aid in time of war to the sick and wounded of the Armed Forces, in accordance with the spirit and conditions of—

(A) the conference of Geneva of October 1863;

(B) the treaties of the Red Cross, or the treaties of Geneva, August 22, 1864, July 27, 1929, and August 12, 1949, to which the United States of America has given its adhesion; and

(C) any other treaty, convention, or protocol similar in purpose to which the United States of America has given or may give its adhesion;

(2) in carrying out the purposes described in paragraph (1) of this section, to perform all the duties devolved on a national society by each nation that has acceded to any of those treaties, conventions, or protocols;

(3) to act in matters of voluntary relief and in accordance with the military authorities as a medium of communication between the people of the United States and the Armed Forces of the United States and to act in those matters between similar national societies of governments of other countries through the International Committee of the Red Cross and the Government, the people, and the Armed Forces of the United States; and

(4) to carry out a system of national and international relief in time of peace, and to apply that system in mitigating the suffering caused by pestilence, famine, fire, floods, and other great national calamities, and to devise and carry out measures for preventing those calamities.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1490.) HISTORICAL AND REVISION NOTES

In this section, the text of 36:3 ("Third" par.) is omitted as executed.

In clause (1)(B), the date "August 12, 1949" is added to include the reference to a subsequent treaty.

In clause (2), the words "in carrying out the purposes described in clause (1) of this section" are substituted for "And for said purposes" for clarity.

In clause (3), the words "International Committee of the Red Cross" are substituted for "Comité International de Secours" because the name has been changed.

In clause (4), the word "continue" is omitted as included in "carry out".

§ 300103. Membership and chapters

(a) MEMBERSHIP.-Membership in the corporation is open to all the people of the United States and its territories and possessions, on payment of an amount specified in the bylaws. (b) CHAPTERS.-(1) The chapters of the corporation are the local units of the corporation. The board of governors shall prescribe regulations related to