Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 20103 - Membership(a) ELIGIBILITY.-Except as provided in this chapter, eligibility for membership in the corporation and the rights, privileges, and designation of classes of members are as provided in the bylaws.(b) VOTING.-Each member given voting rights by the bylaws has one vote on each matter submitted to a vote at a meeting of the voting members. The vote may be cast in the manner provided in the bylaws. Pub. L. 105-225, 112 Stat. 1284.HISTORICAL AND REVISION NOTES |
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
20103 | 36:976. | Aug. 31, 1960, Pub. L. 86-680, §6, 74 Stat. 575. |
In subsection (a), the words "are as provided in the bylaws" are substituted for "shall . . . be determined as the bylaws of the corporation may provide" to eliminate unnecessary words. In subsection (b), the words "the right to" are omitted as unnecessary.