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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 36 U.S.C. § 22105 Restrictions us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 221 THE AMERICAN SOCIETY OF INTERNATIONAL LAW 22105 36 U.S.C. § 22105 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip /us/usc/t36/s22105 data/legal/raw/us/code/title-36/usc36.xml 24df39a863629250471bc36907c3ab6b7733f61ae34339d84cfcd1dfff6c2c55 d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d 2e8cb432a17eef8674c5ae50938307ce257d0b09d1601cc7823ab5fbcaf1fb17 2026-07-04 official
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36 U.S.C. § 22105 - Restrictions

Text

(a) Profit.— The corporation may not operate for profit.

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

(c) Political Activities.— The corporation or an officer or member of the executive council as such may not contribute to, support, or assist a political party or candidate for elective public office.

(d) Distribution of Income or Assets.— The income or assets of the corporation may not inure to the benefit of, or be distributed to, a member of the corporation or an officer or member of the executive council, except on the dissolution or final liquidation of the corporation.

(e) Loans.— The corporation may not make a loan or advance to an officer or member of the executive council. Members of the council who vote for or assent to making a loan or advance to an officer or member of the council, and officers who participate in making the loan or advance, are jointly and severally liable to the corporation for the amount of the loan or advance until it is repaid.

(Pub. L. 105225, Aug. 12, 1998, 112 Stat. 1301.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 22105(a)36:342 (2d sentence words before 1st comma).Sept. 20, 1950, ch. 958, §§ 2 (2d, last sentences), 7, 64 Stat. 870, 871. 22105(b)36:347 (1st sentence words before 2d comma). 22105(c)36:342 (last sentence). 22105(d)36:342 (2d sentence words after 1st comma). 22105(e)36:347 (1st sentence words after 2d comma, last sentence). In subsection (b), the words “shares of” are omitted as unnecessary. In subsection (d), the words “inure to the benefit of” are substituted for “inure to” for consistency in the revised title.