S. 2479: Reserve Organization of America Charter Amendments Act of 2025
This bill, titled the Reserve Organization of America Charter Amendments Act of 2025
, aims to amend the federal charter of the Reserve Organization of the United States. Here’s a breakdown of the key points of the proposed legislation:
1. Federal Charter
The bill establishes the Reserve Organization of America as a federally chartered corporation, meaning it is officially recognized by the federal government.
2. Purpose
The main objective of this corporation is to support and promote military policies that ensure adequate national security for the United States.
3. Membership
Membership in this organization will be governed by its constitution and bylaws, which outline who is eligible to join.
4. Governance and Meetings
The corporation is required to hold an annual meeting, and its governing body will be defined in its constitution.
5. Powers of the Corporation
The organization will have the authority to undertake any lawful acts that are necessary and appropriate to fulfill its purposes.
6. Exclusivity
The Reserve Organization of America will have exclusive rights to use its name and any adopted seals, emblems, and badges.
7. Restrictions
The legislation includes specific restrictions on the corporation’s activities, including the following:
- Profit: The corporation cannot operate for profit.
- Stock: It is prohibited from issuing stock.
- Political Activities: The organization and its members cannot support or contribute to political parties or candidates.
- Distribution of Income: No income or assets can benefit its members.
- Loans: The corporation cannot lend money to its officers or governing body members.
8. Headquarters
The corporation will determine its headquarters location as decided by its governing body.
9. Records and Inspection
The organization is required to maintain accurate records, which include:
- Financial records.
- Minutes from meetings.
- A list of member names and addresses.
Members are entitled to inspect these records for proper purposes and with reasonable notice.
10. Service of Process
The Reserve Organization of America must have a registered agent in the District of Columbia, which will receive legal notices on behalf of the organization.
11. Liability
The corporation will be held liable for the actions of its officers and agents when they operate within their authority.
12. Amendment of References
Any legal documents or references that mention the Reserve Officers Association of the United States
will now be considered as references to the Reserve Organization of America
.
13. Clerical Changes
Related clerical amendments will update the U.S. Code to reflect the new name of the organization.
Relevant Companies
None found.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
2 bill sponsors
Actions
2 actions
Date | Action |
---|---|
Jul. 28, 2025 | Introduced in Senate |
Jul. 28, 2025 | Read twice and referred to the Committee on the Judiciary. |
Corporate Lobbying
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None found.
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Potentially Relevant Congressional Stock Trades
No relevant congressional stock trades found.