CHAPTER 2001 - SOCIETY OF AMERICAN FLORISTS AND ORNAMENTAL HORTICULTURISTS

Title 36 > CHAPTER 2001

Sections (6)

§ 200101 Organization

Society of American Florists and Ornamental Horticulturists (in this chapter, the “corporation”) is a body corporate and politic in the District of Columbia. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1451 .)

§ 200102 Purposes

The purposes of the corporation are to educate members of the florist industry and the public, and to promote scientific development, in floriculture and horticulture. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1451 .)

§ 200103 Powers

The corporation may— adopt a constitution and bylaws for the management of its property and the regulation of its affairs; and hold property, in the District of Columbia or elsewhere, necessary to carry out the purposes of the corporation, in an amount not to exceed $1,000,000; and hold other property donated or bequeathed in any State or territory of the United States. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1451 .)

§ 200104 Restrictions

(a) Profit.— The corporation may not operate for profit.

(b) Use of Earnings.— Earnings generated by the corporation may be used only for the purposes provided in section 200102 of this title .

(c) Use of Property.— Property held by the corporation, and the proceeds from the property, may be used only for the purposes provided in section 200102 of this title .

(d) Parks in the District of Columbia.— The corporation may not occupy any park in the District of Columbia.

§ 200105 Principal office

The principal office of the corporation shall be located in the District of Columbia. However, annual meetings may be held wherever the corporation decides. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1452 .)

§ 200106 Nonapplication of audit requirements

The audit requirements of section 10101 of this title do not apply to the corporation. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1452 .)