2015 US Code
Title 20 - Education (Sections 1 - 10013)
Chapter 56 - American Indian, Alaska Native, and Native Hawaiian Culture and Art Development (Sections 4401 - 4451)
Subchapter I - American Indians and Alaska Natives (Sections 4411 - 4426)
Sec. 4419 - Nonprofit and nonpolitical nature of Institute
| Publication Title | United States Code, 2012 Edition, Supplement 3, Title 20 - EDUCATION |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 20 - EDUCATION CHAPTER 56 - AMERICAN INDIAN, ALASKA NATIVE, AND NATIVE HAWAIIAN CULTURE AND ART DEVELOPMENT SUBCHAPTER I - AMERICAN INDIANS AND ALASKA NATIVES Sec. 4419 - Nonprofit and nonpolitical nature of Institute |
| Contains | section 4419 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 99-498, title XV, §1512, Oct. 17, 1986, 100 Stat. 1607. |
| Statutes at Large Reference | 100 Stat. 1607 |
| Public and Private Law | Public Law 99-498 |
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The Institute shall have no power to issue any shares of stock or to declare or pay any dividends.
(b) Nonprofit natureNo part of the income or assets of the Institute shall inure to the benefit of any director, officer, employee, or any other individual except as salary or reasonable compensation for services.
(c) Nonpolitical natureThe Institute may not contribute to, or otherwise support, any political party or candidate for elective public office.
(Pub. L. 99–498, title XV, §1512, Oct. 17, 1986, 100 Stat. 1607.)
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