2017 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations
Subtitle II - Patriotic and National Organizations
Part B - Organizations
Chapter 1201 - Korean War Veterans Association, Incorporated
Sec. 120106 - Restrictions

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Citation 36 U.S.C. § 120106 (2017)
Section Name §120106. Restrictions
Section Text

(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.

Source Credit

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

Publication Title United States Code, 2012 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
Subtitle II - Patriotic and National Organizations
Part B - Organizations
CHAPTER 1201 - KOREAN WAR VETERANS ASSOCIATION, INCORPORATED
Sec. 120106 - Restrictions
Contains section 120106
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 122 Stat. 2420
Public Law References Public Law 110-254
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