Statutes, codes, and regulations
United States Code
Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSPart B - ORGANIZATIONS
Chapter 219 - THE AMERICAN NATIONAL THEATER AND ACADEMY
Section 21905 - Restrictions

36 U.S.C. § 21905

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Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 21905 - Restrictions
(a) PROFIT AND STOCK.-The corporation shall be nonprofit and may not issue stock.
(b) POLITICAL ACTIVITIES.-The corporation shall be nonpolitical and nonsectarian, and may not promote the candidacy of an individual seeking public office.
(c) HONORARY MEMBERS.-The corporation may not have honorary members.

36 U.S.C. § 21905

Pub. L. 105-225, 112 Stat. 1299.

HISTORICAL AND REVISION NOTES
Revised SectionSource (U.S. Code)Source (Statutes at Large)
21905(a)36:3302 (1st sentence).July 5, 1935, ch. 373, §§2 (1st sentence), 4, 49 Stat. 458.
21905(b)36:3304 (1st sentence).
21905(c)36:3304 (last sentence).
In subsection (a), the word "capital" is omitted for consistency in the revised title.In subsection (b), the words "as an organization" are omitted as unnecessary.