36 U.S. Code § 80306 - Restrictions

(a) Profit.— The corporation may not operate for profit.
(b) Political Activities.— The corporation shall be nonpolitical and nonsectarian.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1362.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
80306
36:33 (words after 19th comma).
Mar. 16, 1950, ch. 62, § 3 (words after 19th comma), 64 Stat. 23.

In subsection (a), the word “pecuniary” is omitted as unnecessary.
In subsection (b), the words “The corporation shall be” are substituted for “which purposes shall be” for clarity and consistency in the revised title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

36 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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