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U.S. Code

§ 210104. Governing body

(a) Board of Trustees.— A self-perpetuating board of trustees shall manage and direct the property and affairs of the corporation.
(b) Powers.— The board of trustees may adopt and amend a constitution, bylaws, and regulations for—
(1) the selection of successor trustees;
(2) the admission of members;
(3) the election of officers; and
(4) the conduct of the affairs of the corporation.
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