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36 U.S.C. § 30906 — Restrictions

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 31 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Restrictions. It assigns the listed duties, permissions, limits, or procedures to the people and organizations identified in the section.

(a) Profit .— The corporation cannot operate for pecuniary profit to its members. (b) Stocks and Dividends .— The corporation cannot issue stock or declare or pay a dividend.

the actual law source: uscode.house.gov ↗public domain
(a)Profit.—

The corporation may not operate for pecuniary profit to its members.

(b)Stocks and Dividends.—

The corporation may not issue stock or declare or pay a dividend.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1326.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1326

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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