Title 36Patriotic and National ObservancesRelease 119-73

§220507 Restrictions

Title 36 › Subtitle Subtitle II— - Patriotic and National Organizations › Part Part B— - Organizations › Chapter CHAPTER 2205— - UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE › Subchapter SUBCHAPTER I— - CORPORATION › § 220507

Last updated Apr 6, 2026|Official source

Summary

The corporation must not operate to make a profit or sell stock. It must stay nonpolitical and cannot support or promote anyone running for public office. The corporation must create 1 or more policies that stop any employee, contractor, or agent from helping a member or former member get a new job if they know that person broke the Center’s sexual misconduct rules or was convicted of sexual misconduct with a minor, except for routine transfers of personnel or administrative records. The corporation must also have a rule to hold back bonus or severance pay for anyone under its ethics investigation until they are cleared. If the ethics committee finds a violation, the person loses the withheld pay and the compensation committee can reduce or cancel it. If someone is the subject of a criminal investigation, the ethics committee must investigate them.

Full Legal Text

Title 36, §220507

Patriotic and National Observances — Source: USLM XML via OLRC

(a)The corporation may not engage in business for profit or issue stock.
(b)The corporation shall be nonpolitical and may not promote the candidacy of an individual seeking public office.
(c)The corporation shall develop 1 or more policies that prohibit any individual who is an employee, contractor, or agent of the corporation from assisting a member or former member in obtaining a new job (except the routine transmission of administrative and personnel files) if the individual knows that such member or former member violated the policies or procedures of the Center related to sexual misconduct or was convicted of a crime involving sexual misconduct with a minor in violation of applicable law.
(d)The corporation shall establish a policy—
(1)not to disperse bonus or severance pay to any individual named as a subject of an ethics investigation by the ethics committee of the corporation, until such individual is cleared of wrongdoing by such investigation; and
(2)that provides that—
(A)if the ethics committee determines that an individual has violated the policies of the corporation—
(i)the individual is no longer entitled to bonus or severance pay previously withheld; and
(ii)the compensation committee of the corporation may reduce or cancel the withheld bonus or severance pay; and
(B)in the case of an individual who is the subject of a criminal investigation, the ethics committee shall investigate the individual.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 220507(a)36:378.Sept. 21, 1950, ch. 975, title I, §§ 107, 108, as added Nov. 8, 1978, Pub. L. 95–606, § 1(b), 92 Stat. 3048. 220507(b)36:377. In subsection (a), the words “may not” are substituted for “shall have no power to” for consistency in the revised title. The words “capital”, “pecuniary”, and “or gain” are omitted as unnecessary. In subsection (b), the words “as an organization” are omitted as unnecessary.

Editorial Notes

Amendments

2020—Subsec. (c). Pub. L. 116–189, § 6(d)(1), added subsec. (c). Subsec. (d). Pub. L. 116–189, § 6(d)(2)(A), added subsec. (d).

Statutory Notes and Related Subsidiaries

Applicability Pub. L. 116–189, § 6(d)(2)(B), Oct. 30, 2020, 134 Stat. 950, provided that: “The amendment made by subparagraph (A) [amending this section] shall not apply to any term of employment for the disbursement of bonus or severance pay that is in effect as of the day before the date of the enactment of this Act [Oct. 30, 2020].”

Reference

Citations & Metadata

Citation

36 U.S.C. § 220507

Title 36Patriotic and National Observances

Last Updated

Apr 6, 2026

Release point: 119-73