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2017 US Code
Title 36 - Patriotic and National Observances, Ceremonies, and Organizations
Subtitle II - Patriotic and National Organizations
Part B - Organizations
Chapter 2101 - Theodore Roosevelt Association
Sec. 210106 - Restrictions
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36 U.S.C. § 210106 (2017) | ||||||
§210106. Restrictions | ||||||
(a) Exclusively Educational Purposes.—The corporation shall be operated exclusively for educational purposes. (b) Stocks and Dividends.—The corporation may not issue stock or declare or pay a dividend. (c) Distributions of Income or Assets.—The income or assets of the corporation may not inure to the benefit of any member or individual. |
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(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1456.) |
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In subsection (a), the words "is organized and" are omitted as executed and obsolete. In subsection (b), the words "certificates of" are omitted as unnecessary. In subsection (c), the words "income or assets" are substituted for "earnings, income, or funds" for consistency in the revised title. |
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United States Code, 2012 Edition, Supplement 5, Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS | ||||||
Bills and Statutes | ||||||
United States Code | ||||||
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Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS Subtitle II - Patriotic and National Organizations Part B - Organizations CHAPTER 2101 - THEODORE ROOSEVELT ASSOCIATION Sec. 210106 - Restrictions |
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section 210106 | ||||||
2017 | ||||||
January 12, 2018 | ||||||
Yes | ||||||
standard | ||||||
41 Stat. 693 112 Stat. 1456 |
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Public Law 105-225 |
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