CHAPTER 301 - BIG BROTHERS—BIG SISTERS OF AMERICA
Title 36 > CHAPTER 301
Sections (12)
§ 30101 Organization
(a) Federal Charter.— Big Brothers—Big Sisters of America (in this chapter, the “corporation”) is a federally chartered corporation.
(b) Place of Incorporation and Domicile.— The corporation is declared to be incorporated and domiciled in the District of Columbia.
(c) Perpetual Existence.— Except as otherwise provided, the corporation has perpetual existence.
§ 30102 Purposes
The purposes of the corporation are— to assist individuals throughout the United States in solving their social and economic problems and in their health and educational and character development; to promote the use, by other lay and professional agencies and workers, of the techniques of that assistance developed by the corporation; and to receive, invest, and disburse funds and hold property for the purposes of the corporation. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1314 .)
§ 30103 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 constitution and bylaws of the corporation.
(b) Voting.— Each member has one vote on each matter submitted to a vote at a meeting of the members.
§ 30104 Governing body
(a) Board of Directors.— The board of directors is the governing body of the corporation. The powers, duties, and responsibilities of the board are as provided in the constitution and bylaws of the corporation. The number of directors is as provided in the constitution. Their manner of selection (including the filling of vacancies) and their term of office are as provided in the constitution and bylaws.
(b) Officers.— The officers of the corporation are a chairman of the board of directors, a president, one or more vice presidents as provided in the constitution and bylaws, a secretary, and a treasurer. The manner of election, term of office, and duties of the officers are as provided in the constitution and bylaws.
§ 30105 Powers
The corporation may— adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs; adopt and alter a corporate seal; choose officers, managers, agents, and employees as the activities of the corporation require; make contracts; acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and sue and be sued. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1315 .)
§ 30106 Exclusive right to names, seals, emblems, and badges
The corporation and its subordinate divisions have the exclusive right to use the names “The Big Brothers of America, Big Sisters International, Incorporated”, “Big Sisters of America”, “Big Brothers”, “Big Sisters”, “Big Brothers—Big Sisters of America”, and “Big Sisters—Big Brothers”, and to use and to allow others to use seals, emblems, and badges the corporation adopts. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1315 .)
§ 30107 Restrictions
(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 assist a political party or candidate for public office.
(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 as such during the life of the corporation or on its dissolution or final liquidation. This subsection does not prevent the payment of compensation to an officer in an amount approved by the board of directors.
(d) Loans.— The corporation may not make a loan or advance to a director, officer, or employee. Directors who vote for or assent to making a loan or advance to a director, officer, or employee, and officers who participate in making the loan or advance, are jointly and severally liable to the corporation for the amount of the loan or advance until it is repaid.
§ 30108 Principal office
The principal office of the corporation shall be in Philadelphia, Pennsylvania, or another place decided by the board of directors. However, the activities of the corporation are not confined to the place where the principal office is located but may be conducted throughout the States, territories, and possessions of the United States. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1316 .)
§ 30109 Records and inspection
(a) Records.— The corporation shall keep— correct and complete records of account; minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors; and 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.
§ 30110 Service of process
The corporation shall have a designated agent in the District of Columbia to receive service of process for the corporation. Notice to or service on the agent, or mailed to the business address of the agent, is notice to or service on the corporation. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1316 .)
§ 30111 Liability for acts of officers and agents
The corporation is liable for the acts of its officers and agents acting within the scope of their authority. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1316 .)
§ 30112 Distribution of assets on dissolution or final liquidation
On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the board of directors, but in compliance with the constitution and bylaws of the corporation. ( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1316 .)