36 U.S.C. § 70102
Section 70102 · Organization
Current version, with additions and removals from the August 12, 1998 version.
(a) Federal Charter.—Fleet Reserve Association (in this chapter, the “corporation”), a nonprofit corporation incorporated in Delaware, Pennsylvania, is a federally chartered corporation.
(b) Expiration of Charter.—If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires.