36 U.S.C. § 40305Chapter 403
§40305. Restrictions
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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§40305. Restrictions
The corporation may not engage in business for profit or issue stock.
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 40305 | 36:204. | July 1, 1946, ch. 527, §4, 60 Stat. 347. |
This section is substituted for 36:204(a) to eliminate unnecessary words. The text of 36:204(b) is omitted as executed and obsolete.
Last amended: December 31, 2024
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