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.


36 U.S.C. § 40305 (2018)

Disclaimer: Lawrina maintains this website to enhance public access to information about its activities. We make an effort to keep the information about codes timely and accurate. Please note that we cannot guarantee that the U.S.C 2018, Title 36, Subtitle II, Part b, Chapter 403, Section 40305 — Restrictions — exactly reproduces the officially adopted text.