1995 US Code
Title 36 - PATRIOTIC SOCIETIES AND OBSERVANCES
CHAPTER 2 - BOY SCOUTS OF AMERICA
Sec. 24 - Acquisition of assets and liabilities of existing corporation; prohibition against issuance of stock or payment of dividends
View Metadata| 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 2 - BOY SCOUTS OF AMERICA Sec. 24 - Acquisition of assets and liabilities of existing corporation; prohibition against issuance of stock or payment of dividends |
| Contains | section 24 |
| Date | 1995 |
| Laws in Effect as of Date | January 16, 1996 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | June 15, 1916, ch. 148, §4, 39 Stat. 228. |
| Statutes at Large Reference | 39 Stat. 228 |
§24. Acquisition of assets and liabilities of existing corporation; prohibition against issuance of stock or payment of dividends
Said corporation may acquire, by way of gift, all the assets of the existing national organization of Boy Scouts, a corporation under the laws of the District of Columbia, and defray and provide for any debts or liabilities to the discharge of which said assets shall be applicable; but said corporation shall have no power to issue certificates of stock or to declare or pay dividends, its object and purposes being solely of a benevolent character and not for pecuniary profit to its members.
(June 15, 1916, ch. 148, §4, 39 Stat. 228.)
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