§220507 — Title 36 Patriotic and National Observances | U.S. Code

Summary

The corporation must not try to make a profit or sell stock. It must be nonpolitical and must not 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 that person knows the member broke the Center’s rules on sexual misconduct or was convicted of sexual misconduct with a minor. The only exception is routine sending of administrative or personnel files. The corporation must also have a policy to hold back bonus or severance pay from anyone named as the subject of an ethics investigation by the ethics committee until that person is cleared. If the ethics committee finds the person violated the corporation’s policies, the person loses any withheld bonus or severance pay, and the compensation committee can reduce or cancel that pay. If the person is the subject of a criminal investigation, the ethics committee must investigate them.

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.

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].”

§220507 Restrictions