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Title 36 — Patriotic and National ObservancesRelease 119-73not60

§190107 Restrictions

Title 36 › Subtitle Subtitle II— Patriotic and National Organizations › Part B— Organizations › Chapter 1901— RESERVE OFFICERS ASSOCIATION OF THE UNITED STATES › § 190107

Last updated Apr 5, 2026|Official source

Summary

The corporation cannot run a business to make a profit. It cannot sell stock, give money or help to a political party or a person running for office, or let its money or property go to officers or members except when the corporation is dissolved or finally liquidated. It also cannot lend money to an officer or a member of the national executive committee. Any committee member who votes for or agrees to such a loan, and any officer who helps make it, must together repay the loan to the corporation until it is paid back.

Full Legal Text

Title 36, §190107

Patriotic and National Observances — Source: USLM XML via OLRC

(a)The corporation may not engage in business for profit.
(b)The corporation may not issue stock.
(c)The corporation or an officer or member as such may not contribute to, support, or assist a political party or candidate for public office.
(d)The income or assets of the corporation may not inure to the benefit of, or be distributed to, an officer or member except on dissolution or final liquidation of the corporation.
(e)The corporation may not make a loan or advance to an officer or member of the national executive committee. Members of the national executive committee who vote for or assent to making a loan or advance to an officer, 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) 190107(a), (b)36:229.June 30, 1950, ch. 431, §§ 9, 10, 11 (words before 2d comma), 14, 64 Stat. 314. 190107(c)36:230. 190107(d)36:231 (words before 2d comma). 190107(e)36:234. In subsection (a), the words “pecuniary” and “or gain” are omitted as unnecessary. In subsection (b), the word “capital” is omitted as unnecessary. In subsection (d), the words “inure to the benefit of” are substituted for “inure to” for consistency in the revised title. In subsection (e), the words “or advance” are added in 2 places for consistency in the subsection.

Reference

Citations & Metadata

Citation

36 U.S.C. § 190107

Title 36 — Patriotic and National Observances

Last Updated

Apr 5, 2026

Release point: 119-73not60