USC Chapter 707

in effect

36 U.S.C. § 70701 Organization

(a) Federal Charter.—Frederick Douglass Memorial and Historical Association (in this chapter, the “corporation”) is a body corporate and politic in the District of Columbia. (b) Perpetual Existence.—Except as otherwise provided, the corporation has perpetual existence.

36 U.S.C. § 70702 Purposes

The purposes of the corporation are— (1) to preserve to posterity the memory of the life and character of the late Frederick Douglass; and (2) to collect, collate, and preserve a historical record of the inception, progress, and culmination of the antislavery movement in the United States, and to assemble in the homestead of the late Frederick Douglass, commonly called Cedar Hill, in the village of Anacostia, District of Columbia, all suitable exhibits of records or things illustrative or commemorative of the antislavery movement and history that are donated to, or acquired by, the corporation.

36 U.S.C. § 70703 Governing body

(a) Board of Trustees.—(1) The board of trustees is the governing body of the corporation. The board shall exercise the powers granted to the corporation. (2) The board shall consist of at least 9 but not more than 19 members. A vacancy on the board shall be filled by decision of the remaining members of the board. (3) The board shall adopt a seal under which all acts of the corporation shall be passed and authenticated. (b) Officers.—(1) The board shall elect officers the board considers necessary, including a treasurer, for the term and at the compensation the board decides, as provided in the bylaws. (2) The treasurer shall give a bond as provided in the bylaws. (3) The board may remove an officer, employee, or agent of the corporation for a cause provided in the bylaws.

36 U.S.C. § 70704 Powers

The corporation may— (1) adopt and amend bylaws for the regulation of its affairs; (2) adopt and alter a corporate seal; (3) employ persons the corporation considers necessary; (4) acquire, own, lease, encumber, and transfer property; (5) sue and be sued; and (6) do any other act to carry out the purposes of the corporation.

36 U.S.C. § 70705 Management of homestead and erection of monument

After the corporation has acquired any part of the property occupied by the late Frederick Douglass as his homestead, commonly called Cedar Hill, in the village of Anacostia, District of Columbia, the corporation may— (1) manage, repair, and improve the property to carry out the purposes of the corporation; and (2) erect on the property a monument to the memory of the late Frederick Douglass.

36 U.S.C. § 70706 Property exempt from taxation

Any property formerly occupied by the late Frederick Douglass as his homestead, commonly called Cedar Hill, in the village of Anacostia, District of Columbia, and owned by the corporation, is exempt from taxation as long as the property is used for the purposes of the corporation.

36 U.S.C. § 70707 Misnomer not to affect transfer of property

A misnomer of the corporation does not affect any transfer of property to or from the corporation.

36 U.S.C. § 70708 Nonapplication of audit requirements

The audit requirements of section 10101 of this title do not apply to the corporation.