(a) Federal Charter.—American Academy of Arts and Letters (in this chapter, the “corporation”) is a federally chartered corporation.

Terms Used In 36 USC 20301

  • 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.

(b) Place of Incorporation.—The corporation is declared to be incorporated in the District of Columbia.