36 U.S. Code § 40305 - Restrictions

§ 40305.
Restrictions

The corporation may not engage in business for profit or issue stock.

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

40305

36:204.

July 1, 1946, ch. 527, § 4, 60 Stat. 347.

This section is substituted for 36:204(a) to eliminate unnecessary words. The text of 36:204(b) is omitted as executed and obsolete.

 

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