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2011 US Code
Title 36 - Patriotic and National Observances, Ceremonies, Andorganizations
Subtitle II - Patriotic and National Organizations (§§ 10101 - 240112)
Part B - Organizations (§§ 20101 - 240112)
Chapter 1201 - KOREAN WAR VETERANS ASSOCIATION, INCORPORATED (§§ 120101 - 120112)
Section 120106 - Restrictions

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 1201 - KOREAN WAR VETERANS ASSOCIATION, INCORPORATED
Sec. 120106 - Restrictions
Containssection 120106
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawYes
Dispositionstandard
Source CreditAdded Pub. L. 110-254, §1(a)(2), June 30, 2008, 122 Stat. 2420.
Statutes at Large Reference122 Stat. 2420
Public Law ReferencePublic Law 110-254

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36 USC § 120106 (2011)
§120106. Restrictions

(a) Stock and Dividends.—The corporation may not issue stock or declare or pay a dividend.

(b) Political Activities.—The corporation, or a director or officer of the corporation as such, may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.

(c) Loan.—The corporation may not make a loan to a director, officer, or employee of the corporation.

(d) Claim of Governmental Approval or Authority.—The corporation may not claim congressional approval, or the authority of the United States, for any activity of the corporation.

(e) Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of the State of New York.

(Added Pub. L. 110–254, §1(a)(2), June 30, 2008, 122 Stat. 2420.)

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