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Title 36 — Patriotic and National ObservancesRelease 119-73

§153707 Restrictions

Title 36 › Subtitle Subtitle II— - Patriotic and National Organizations › Part Part B— - Organizations › Chapter CHAPTER 1537— - NATIONAL WOMAN’S RELIEF CORPS, AUXILIARY TO THE GRAND ARMY OF THE REPUBLIC › § 153707

Last updated Apr 6, 2026|Official source

Summary

The corporation cannot create or give shares of stock, and it cannot declare or pay dividends. It also cannot give money or other help to a political party or to someone running for public office. The corporation’s money or property cannot go to an officer or member while the corporation exists or when it closes, except the council of administration may approve reasonable pay and reimbursements for actual necessary expenses. The corporation may not lend money or make advances to an officer or member. Any council member who votes for such a loan, and any officer who helps make it, are each both individually and together responsible to repay that loan to the corporation until it is fully paid back.

Full Legal Text

Title 36, §153707

Patriotic and National Observances — Source: USLM XML via OLRC

(a)The corporation may not issue stock or declare or pay a dividend.
(b)The corporation or an officer or agent as such may not contribute to, support, or assist a political party or candidate for public office.
(c)The income or assets of the corporation may not inure to the benefit of, or be distributed to, an officer or member during the life of the corporation or on its dissolution or final liquidation. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the council of administration of the corporation.
(d)The corporation may not make a loan or advance to an officer or member of the corporation. Members of the council of administration who vote for or assent to making a loan or advance to an officer or member, 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.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 153707(a)36:1013.Sept. 7, 1962, Pub. L. 87–650, §§ 10, 11, 13, 76 Stat. 504, 505. 153707(b)36:1011. 153707(c)36:1010(a). 153707(d)36:1010(b). In subsection (a), the words “any shares of” are omitted as unnecessary. In subsection (c), the words “inure to the benefit of” are substituted for “inure to” for consistency in the revised title. In subsection (d), the words “or advance” are added in 2 places for consistency in the subsection. In the first sentence, the words “or member” are added for consistency in the subsection.

Reference

Citations & Metadata

Citation

36 U.S.C. § 153707

Title 36 — Patriotic and National Observances

Last Updated

Apr 6, 2026

Release point: 119-73