Volume 84
Private Law 91–185
Supplemental to the Act of February 9, 1821, incorporating the Columbian College, now known as The George Washington University, in the District of Columbia and the Acts amendatory or supplemental thereof.
Approved October 22, 1970
Statutory text
AN ACT
Supplemental to the Act of February 9, 1821, incorporating the Columbian College, now known as The George Washington University, in the District of Columbia and the Acts amendatory or supplemental thereof.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That The George
George Washington University.
Washington University shall have and is hereby given all of those powers conferred upon nonprofit corporations by section 5 of the District of Columbia Non-Profit Corporation Act (section 29–1005 of the District of Columbia Code) and, in addition, shall have the
76 Stat. 267.
power to borrow money at such rates of interest as the corporation may determine, without regard to the restrictions of any usury law, and shall not plead any statutes against usury in any action.
Approved October 22, 1970.