36-U.S.C.-40704
§40704 – Restrictions
Pathway
Title 36 > Subtitle II > Part B > Chapter 407 > Subchapter I > Section 40704
Details
- Reference: Section 40704
- Legend: §40704 – Restrictions
- USCode Year: 2013
Provision Content
(a) Profit.—The corporation may not operate for profit.
(b) Use of Amounts Collected.—Amounts collected under section 40703(3) and (5) of this title, including proceeds from the sale of firearms, ammunition, repair parts, and other supplies, may be used only to support the Civilian Marksmanship Program.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1336.)
Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
40704(a) | 36:5501(a) (related to nonprofit). | Feb. 10, 1996, Pub. L. 104–106, title XVI, §§1611(a) (related to nonprofit), 1618(a)(3), 110 Stat. 515, 520. |
40704(b) | 36:5508(a)(3). |
In subsection (b), the words ammunition, repair parts, and other supplies are substituted for ammunition, targets, and other supplies and appliances for consistency in the revised title.
U.S. Encyclopedia of Law Coverage
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