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Title 36 — Patriotic and National ObservancesRelease 119-73not60

§153707 Restrictions

Title 36 › Subtitle 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 Apr 5, 2026|Official source

Summary

The corporation cannot sell shares, pay dividends, give money or support to political parties or candidates, or loan money to its officers or members. Its money and property cannot benefit officers or members during its life or when it closes, except for reasonable pay and council‑approved expense reimbursements. Council members who approve such a loan and officers who help make it are together and individually responsible to repay it.

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 5, 2026

Release point: 119-73not60