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36 U.S.C. § 200104 — Restrictions

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 86 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Society of American Florists can't operate for profit, and it must use its earnings and property only for its stated educational and scientific purposes. It also can't occupy any park in the District of Columbia.

(a) Profit. The corporation may not operate for profit. (b) Use of Earnings. Any earnings the corporation makes may only go toward the purposes listed in section 200102 — educating people and promoting science in floriculture and horticulture. (c) Use of Property. The same limit applies to property the corporation holds and any proceeds from it: they may only be used for those section 200102 purposes. (d) Parks in the District of Columbia. The corporation may not occupy any park in the District of Columbia.
the actual law source: uscode.house.gov ↗public domain
(a)Profit.—

The corporation may not operate for profit.

(b)Use of Earnings.—

Earnings generated by the corporation may be used only for the purposes provided in section 200102 of this title.

(c)Use of Property.—

Property held by the corporation, and the proceeds from the property, may be used only for the purposes provided in section 200102 of this title.

(d)Parks in the District of Columbia.—

The corporation may not occupy any park in the District of Columbia.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1452.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1452

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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