§70102. Organization
(a) Federal Charter.—Fleet Reserve Association (in this chapter, the “corporation”), a nonprofit corporation incorporated in Pennsylvania, is a federally chartered corporation.
(b) Expiration of Charter.—If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires.
( Pub. L. 105-225 , Aug. 12, 1998 , 112 Stat. 1347 ; Pub. L. 106-398, § 1 [[div. A] , title X, § 1087(g)(4)], Oct. 30, 2000 , 114 Stat. 1654 , 1654A–294.)
Historical and Revision Notes
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
70102(a) | 36:5601. | Sept. 23, 1996, Pub. L. 104-201, title XVIII, §§ 1801, 1814 (related to termination of charter), 1815, 110 Stat. 2760, 2762. |
70102(b) | 36:5613 (related to termination of charter). 36:5614. |
This section is substituted for the source provisions for consistency in the revised title and to eliminate unnecessary words.
Editorial Notes
Amendments
2000—Subsec. (a). Pub. L. 106-398 substituted “Pennsylvania” for “Delaware”.
