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Title 36, Patriotic and National ObservancesRelease 119-110

§153707 Restrictions

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

Last updated Sep 22, 2026|Official source

Summary

The corporation cannot issue stock, declare or pay dividends, support candidates for public office or political parties, nor officers or agents, or give income or assets to officers or members during life or dissolution. Reasonable pay and reimbursements are allowed if the council approves. The corporation cannot loan money to officers or members; council members who vote for a loan and officers who help must repay it until repaid.

Full Legal Text

Title 36, §153707

Patriotic and National Observances, Source: USLM XML via OLRC

(a)Stock and Dividends.—
The corporation may not issue stock or declare or pay a dividend.
(b)Political Activities.—
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)Distribution of Income or Assets.—
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)Loans.—
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

Sep 22, 2026

Release point: 119-110