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36 U.S.C. § 220702 — Organization

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress gives a federal charter to the United States Submarine Veterans of World War II, a nonprofit already incorporated in New Jersey and Colorado. If the group ever breaks any rule in this chapter, that federal charter expires.

(a) Federal charter. The United States Submarine Veterans of World War II — a nonprofit incorporated in New Jersey and Colorado, called "the corporation" in this chapter — receives a federal charter. (b) Expiration of charter. If the corporation fails to follow any rule in this chapter, its federal charter expires.
the actual law source: uscode.house.gov ↗public domain
(a)Federal Charter.—

United States Submarine Veterans of World War II (in this chapter, the “corporation”), a nonprofit corporation incorporated in New Jersey and Colorado, is a federally chartered corporation.

(b)Expiration of Charter.—

If the corporation does not comply with any provision of this chapter, the charter granted by this chapter expires.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1479.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1479

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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