§ 200101. Organization

Society of American Florists and Ornamental Horticulturists (in this chapter, the “corporation”) is a body corporate and politic in the District of Columbia.

§ 200102. Purposes

The purposes of the corporation are to educate members of the florist industry and the public, and to promote scientific development, in floriculture and horticulture.

§ 200103. Powers

The corporation may—

• (1) adopt a constitution and bylaws for the management of its property and the regulation of its affairs; and
• (2)
  • (A) hold property, in the District of Columbia or elsewhere, necessary to carry out the purposes of the corporation, in an amount not to exceed $1,000,000; and
  • (B) hold other property donated or bequeathed in any State or territory of the United States.

§ 200104. Restrictions

• (a) The corporation may not operate for profit.
• (b) Earnings generated by the corporation may be used only for the purposes provided in section 200102 of this title .
• (c) Property held by the corporation, and the proceeds from the property, may be used only for the purposes provided in section 200102 of this title .
• (d) The corporation may not occupy any park in the District of Columbia.

§ 200105. Principal office

The principal office of the corporation shall be located in the District of Columbia. However, annual meetings may be held wherever the corporation decides.

§ 200106. Nonapplication of audit requirements

The audit requirements of section 10101 of this title do not apply to the corporation.