# § 154301. Organization
**(a)** **Federal Charter.—** Navy Club of the United States of America (in this chapter, the “corporation”) is a federally chartered corporation.
**(b)** **Perpetual Existence.—** Except as otherwise provided, the corporation has perpetual existence.
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**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1434.)
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 154301(a) | 36:140. | June 6, 1940, ch. 239, §§ 1, 3(a), 54 Stat. 232, 233. |
| 154301(b) | 36:140b(a). | |
This section is substituted for the source provisions for consistency in the revised title and to eliminate obsolete words.