36-U.S.C.-40704

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.)

Historical and Revision Notes
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

36-U.S.C.-40701 in the Legal Encyclopedia: Patriotic Organizations

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36-U.S.C.-40701 in the Legal Encyclopedia: Safety

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26-U.S.C.-5854 in the Legal Encyclopedia: Arms

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