36 USC 190303 – Purposes
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The purposes of the corporation are as provided in its articles of incorporation and bylaws and include—
(1) upholding and defending the Constitution of the United States;
(2) promoting health, prosperity, and scholarship among its members and their dependents and survivors through benevolent programs;
(3) assisting veterans and their dependents and survivors through a service program established for that purpose;
(4) improving conditions for retired enlisted service members, veterans, and their dependents and survivors; and
(5) fostering fraternal and social activities among its members in recognition that cooperative action is required for the furtherance of their common interests.
Terms Used In 36 USC 190303
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.