FEDERAL · 36 U.S.C. · Chapter 1201
Restrictions
36 U.S.C. § 120106
Title36 — Patriotic and National Observances
Chapter1201 — KOREAN WAR VETERANS ASSOCIATION, INCORPORATED
This text of 36 U.S.C. § 120106 (Restrictions) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
36 U.S.C. § 120106.
Text
(a)Stock and Dividends.—The corporation may not issue stock or declare or pay a dividend.
(b)Political Activities.—The corporation, or a director or officer of the corporation as such, may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.
(c)Loan.—The corporation may not make a loan to a director, officer, or employee of the corporation.
(d)Claim of Governmental Approval or Authority.—The corporation may not claim congressional approval, or the authority of the United States, for any activity of the corporation.
(e)Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of the State of New York.
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Source Credit
History
(Added Pub. L. 110–254, §1(a)(2), June 30, 2008, 122 Stat. 2420.)
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Bluebook (online)
36 U.S.C. § 120106, Counsel Stack Legal Research, https://law.counselstack.com/usc/36/120106.