36 U.S.C. § 80306

Current through P.L. 118-64 (published on www.congress.gov on 05/24/2024), except for [P. L. 118-63]

Section 80306 - Restrictions

(a) PROFIT.-The corporation may not operate for profit.

(b) POLITICAL ACTIVITIES.-The corporation shall be nonpolitical and nonsectarian.

36 U.S.C. § 80306

Pub. L. 105-225, 112 Stat. 1362.

HISTORICAL AND REVISION NOTES
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
80306	36:33 (words after 19th comma).	Mar. 16, 1950, ch. 62, §3 (words after 19th comma), 64 Stat. 23.

In subsection (a), the word "pecuniary" is omitted as unnecessary.In subsection (b), the words "The corporation shall be" are substituted for "which purposes shall be" for clarity and consistency in the revised title.