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.

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.