36 U.S.C. § 80306Chapter 803

§80306. Restrictions

Primary source

Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.

Full Text

§80306. Restrictions

(a) Profit.—The corporation may not operate for profit.

(b) Political Activities.—The corporation shall be nonpolitical and nonsectarian.

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.

Last amended: December 31, 2024

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