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[DOCID: f:h3025enr.txt]
H.R.3025
One Hundred Fifth Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Tuesday,
the seventh day of January, one thousand nine hundred and ninety-seven
An Act
To amend the Federal charter for Group Hospitalization and Medical
Services, Inc., and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. CHARTER FOR GROUP HOSPITALIZATION AND MEDICAL SERVICES, INC.
The Act entitled ``An Act providing for the incorporation of
certain persons as Group Hospitalization and Medical Services, Inc.'',
approved August 11, 1939 (53 Stat. 1412), is amended--
(1) by inserting after section 9 the following new section:
``Sec. 10. The corporation may have 1 class of members, consisting
of at least 1 member and not more than 30 members, as determined
appropriate by the board of trustees. The bylaws for the corporation
shall prescribe the designation of such class as well as the rights,
privileges and qualifications of such class, which may include, but
shall not be limited to--
``(1) the manner of election, appointment or removal of a
member of the corporation;
``(2) matters on which a member of the corporation has the
right to vote; and
``(3) meeting, notice, quorum, voting and proxy requirements
and procedures.
If a member of the corporation is a corporation, such member shall be a
nonprofit corporation.'';
(2) by redesignating section 10 as section 11; and
(3) by adding at the end of section 11 (as so redesignated) the
following: ``The corporation may not be dissolved without approval
by Congress.''.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
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