A self-perpetuating board of trustees shall manage and direct the property and affairs of the corporation.
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.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1456.)
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