There is a newer version of the US Code
1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 12 - RESERVE OFFICERS ASSOCIATION
Sec. 229 - Prohibition against issuance of stock or business activities
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| Publication Title | United States Code, 1994 Edition, Supplement 1, Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES CHAPTER 12 - RESERVE OFFICERS ASSOCIATION Sec. 229 - Prohibition against issuance of stock or business activities |
| Contains | section 229 |
| Date | 1995 |
| Laws in Effect as of Date | January 16, 1996 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | June 30, 1950, ch. 431, §9, 64 Stat. 314. |
| Statutes at Large Reference | 64 Stat. 314 |
§229. Prohibition against issuance of stock or business activities
The corporation shall have no power to issue capital stock or to engage in business for pecuniary profit or gain.
(June 30, 1950, ch. 431, §9, 64 Stat. 314.)
Cross ReferencesExemption from income tax of certain organizations, see section 501 of Title 26, Internal Revenue Code.
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