36-U.S.C.-220507
§220507 – Restrictions
Pathway
Title 36 > Subtitle II > Part B > Chapter 2205 > Subchapter I > Section 220507
Details
- Reference: Section 220507
- Legend: §220507 – Restrictions
- USCode Year: 2013
Provision Content
(a) Profit and Stock.—The corporation may not engage in business for profit or issue stock.
(b) Political Activities.—The corporation shall be nonpolitical and may not promote the candidacy of an individual seeking public office.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1470.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 220507(a) | 36:378. | Sept. 21, 1950, ch. 975, title I, §§107, 108, as added Nov. 8, 1978, Pub. L. 95–606, §1(b), 92 Stat. 3048. |
| 220507(b) | 36:377. |
In subsection (a), the words may not are substituted for shall have no power to for consistency in the revised title. The words capital, pecuniary, and or gain are omitted as unnecessary.
In subsection (b), the words as an organization are omitted as unnecessary.
U.S. Encyclopedia of Law Coverage
36-U.S.C.-220312 in the Legal Encyclopedia: Patriotic Organizations
In this entry about 36-U.S.C.-220312, find legal reference material, bibliographies and premiere content related to patriotic organizations in the American Encyclopedia of Law, presenting a comprehensive view of the United States patriotic organizations-specific issues, written by authorities in the field.
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