The corporation has only the powers provided in its bylaws and articles of incorporation filed in each State in which it is incorporated.
Structure US Code
Title 36— PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Subtitle II— Patriotic and National Organizations
CHAPTER 701— FLEET RESERVE ASSOCIATION
§ 70108. Duty to maintain corporate and tax-exempt status
§ 70109. Records and inspection