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 211 - AMERICAN GOLD STAR MOTHERS, INCORPORATED (§§ 21101 - 21112)
Section 21107 - Restrictions

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Publication Title	United States Code, 2006 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS
Category	Bills and Statutes
Collection	United States Code
SuDoc Class Number	Y 1.2/5:
Contained Within	Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, ANDORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 211 - AMERICAN GOLD STAR MOTHERS, INCORPORATED Sec. 21107 - Restrictions
Contains	section 21107
Date	2011
Laws in Effect as of Date	January 3, 2012
Positive Law	Yes
Disposition	standard
Source Credit	Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1293.
Statutes at Large References	98 Stat. 238 112 Stat. 1293
Public Law References	Public Law 98-314, Public Law 105-225

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36 USC § 21107 (2011)

§21107. Restrictions

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

(b) Distribution of Income or Assets.—The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member during the life of the charter granted by this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the board of directors.

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

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1293.)

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
21107(a)	36:2408(c).	June 12, 1984, Pub. L. 98–314, §8(a)–(d), 98 Stat. 238.
21107(b)	36:2408(a).
21107(c)	36:2408(b).
21107(d)	36:2408(d).

In subsection (a), the words “any shares of” are omitted as unnecessary.

In subsection (b), the words “inure to the benefit of” are substituted for “inure to” for consistency in the revised title.

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