Federal · Title 36 — Patriotic and National Observances, Ceremonies, and Organizations
36 U.S.C. § 21503: Governing body
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The board of governors is the governing body of the corporation. The board shall have at least 12 governors, divided into 3 classes of equal numbers. One class of governors shall be elected each year for a term of 3 years or until their successors are elected. The corporation shall elect the governors at its annual meeting. the sale or alienation of any real or personal estate of the corporation; or the leasing of real estate of the corporation for a term of more than one year. elections and meetings; qualifications and duties of governors and officers; admission and qualifications of members; and management and disposition of the property, business, and concerns of the corporation; conduct all business of the corporation; fill, until the next annual election, a vacancy on the board; and appoint attending and resident physicians and surgeons, agents, assistants, and attendants as may be necessary, set their compensation, and discharge them.
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