# § 70102. Organization
**(a)** **Federal Charter.—** Fleet Reserve Association (in this chapter, the “corporation”), a nonprofit corporation incorporated in 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.
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**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1347; Pub. L. 106–398, § 1 [[div. A], title X, § 1087(g)(4)], Oct. 30, 2000, 114 Stat. 1654, 1654A–294.)
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 70102(a) | 36:5601. | Sept. 23, 1996, Pub. L. 104–201, title XVIII, §§ 1801, 1814 (related to termination of charter), 1815, 110 Stat. 2760, 2762. |
| 70102(b) | 36:5613 (related to termination of charter).36:5614. | |
This section is substituted for the source provisions for consistency in the revised title and to eliminate unnecessary words.
## Editorial Notes
### Amendments
2000—Subsec. (a). substituted “Pennsylvania” for “Delaware”.