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Title 36, Patriotic and National ObservancesRelease 119-110

§22105 Restrictions

Title 36 › Subtitle II — Patriotic and National Organizations › Part B — Organizations › CHAPTER 221 — THE AMERICAN SOCIETY OF INTERNATIONAL LAW › § 22105

Last updated Sep 22, 2026|Official source

Summary

The corporation must not operate for profit. It may not issue stock or pay dividends, and the corporation, its officers, and executive-council members may not give money to or support a political party or a candidate. The corporation’s money or property cannot go to members, officers, or council members except when the corporation is dissolved or finally liquidated. The corporation may not lend to an officer or council member; council members who approve such a loan and officers who help make it must pay back the full loan amount until it is repaid.

Full Legal Text

Title 36, §22105

Patriotic and National Observances, Source: USLM XML via OLRC

(a)Profit.—
The corporation may not operate for profit.
(b)Stock and Dividends.—
The corporation may not issue stock or declare or pay a dividend.
(c)Political Activities.—
The corporation or an officer or member of the executive council as such may not contribute to, support, or assist a political party or candidate for elective public office.
(d)Distribution of Income or Assets.—
The income or assets of the corporation may not inure to the benefit of, or be distributed to, a member of the corporation or an officer or member of the executive council, except on the dissolution or final liquidation of the corporation.
(e)Loans.—
The corporation may not make a loan or advance to an officer or member of the executive council. Members of the council who vote for or assent to making a loan or advance to an officer or member of the council, 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) 22105(a)36:342 (2d sentence words before 1st comma).Sept. 20, 1950, ch. 958, §§ 2 (2d, last sentences), 7, 64 Stat. 870, 871. 22105(b)36:347 (1st sentence words before 2d comma). 22105(c)36:342 (last sentence). 22105(d)36:342 (2d sentence words after 1st comma). 22105(e)36:347 (1st sentence words after 2d comma, last sentence). In subsection (b), the words “shares of” are omitted as unnecessary. In subsection (d), the words “inure to the benefit of” are substituted for “inure to” for consistency in the revised title.

Reference

Citations & Metadata

Citation

36 U.S.C. § 22105

Title 36, Patriotic and National Observances

Last Updated

Sep 22, 2026

Release point: 119-110