FEDERAL · 36 U.S.C. · Chapter 231
Purposes
Current through Pub. L. 119-102
The purposes of the corporation are—
(1)to receive and maintain one or more funds and to use any part of the principal and income only for charitable, scientific, literary, or educational purposes, either directly or by contributing to organizations authorized to carry on similar activities;
(2)to honor citizens, aviation leaders, pilots, teachers, scientists, engineers, inventors, governmental leaders, and other individuals who have helped to make this Nation great by their outstanding contributions to the establishment, development, advancement, or improvement of aviation in the United States;
(3)to perpetuate the memory of those individuals and record their contributions and achievements by the erection and maintenance of buildings and monuments as may be appropriate as a lasting mem
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36 U.S.C. § 23102 (Purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Source Credit
History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1311.)
Editorial Notes
In clause (1), the words "and apply the whole or" and "therefrom" are omitted as unnecessary. The text of 36:4303(1) (last sentence) is omitted as unnecessary.
In clause (3), the words "those individuals" are substituted for "such persons" for clarity. The word "edifices" is omitted as included in "buildings". The word "deemed" is omitted as unnecessary.
In clause (4), the words "foster" and "encourage" are omitted as unnecessary.
In clause (7), the words "any other activities appropriate to carry out the purposes of the corporation" are substituted for "any and all activities incidental thereto or necessary, suitable, or proper for the accomplishment of any of the aforementioned purposes" to eliminate unnecessary words.
In clause (3), the words "those individuals" are substituted for "such persons" for clarity. The word "edifices" is omitted as included in "buildings". The word "deemed" is omitted as unnecessary.
In clause (4), the words "foster" and "encourage" are omitted as unnecessary.
In clause (7), the words "any other activities appropriate to carry out the purposes of the corporation" are substituted for "any and all activities incidental thereto or necessary, suitable, or proper for the accomplishment of any of the aforementioned purposes" to eliminate unnecessary words.