36 U.S. Code Section 40305 - Restrictions 2018

Section Text

The corporation may not engage in business for profit or issue stock.

Editorial Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)40305 36:204. July 1, 1946, ch. 527, §4, 60 Stat. 347. This section is substituted for 36:204(a) to eliminate unnecessary words. The text of 36:204(b) is omitted as executed and obsolete.

Citation

36 U.S.C. § 40305 (2018)


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