U.S. Code » Title 36 » Subtitle Subtitle II— Patriotic and National Organizations › Part Part B— Organizations › Chapter CHAPTER 219— THE AMERICAN NATIONAL THEATER AND ACADEMY

36 U.S.C. § 21905

Restrictions

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(a)Profit and Stock.—The corporation shall be nonprofit and may not issue stock.(b)Political Activities.—The corporation shall be nonpolitical and nonsectarian, and may not promote the candidacy of an individual seeking public office.(c)Honorary Members.—The corporation may not have honorary members.(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1299.)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

21905(a)

36:3302 (1st sentence).

July 5, 1935, ch. 373, §§ 2 (1st sentence), 4, 49 Stat. 458.

21905(b)

36:3304 (1st sentence).

 

21905(c)

36:3304 (last sentence).

 

In subsection (a), the word “capital” is omitted for consistency in the revised title.

In subsection (b), the words “as an organization” are omitted as unnecessary.