Title 36 — Patriotic and National ObservancesRelease 119-73not60
§22907 Restrictions
Title 36 › Subtitle Subtitle II— Patriotic and National Organizations › Part B— Organizations › Chapter 229— ARMY AND NAVY UNION OF THE UNITED STATES OF AMERICA › § 22907
Summary
It cannot sell stock, pay dividends, take part in politics or try to influence laws, lend money to insiders, or say it has Congress’s or the U.S. government’s approval. Income or assets can't benefit insiders while the charter lasts, except for reasonable pay and reimbursements for actual necessary expenses approved by the board.
Full Legal Text
Title 36, §22907
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 a director or officer as such may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.
(c)The income or assets of the corporation may not inure to the benefit of, or be distributed to, a director, officer, or member during the life of the charter granted by this chapter. This subsection does not prevent the payment of reasonable compensation to an officer or reimbursement for actual necessary expenses in amounts approved by the board of directors.
(d)The corporation may not make a loan to a director, officer, or employee.
(e)The corporation may not claim congressional approval or the authority of the United States Government for any of its activities.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 22907(a)36:3908(d).Nov. 6, 1986, Pub. L. 99–604, § 8(a)–(e), 100 Stat. 3447. 22907(b)36:3908(c). 22907(c)36:3908(a). 22907(d)36:3908(b). 22907(e)36:3908(e). In subsection (a), the words “any shares of” are omitted as unnecessary. In subsection (b), the words “as such” are substituted for “acting as such officer or director” for consistency in the revised title. In subsection (c), the words “inure to the benefit of” are substituted for “shall insure [sic] to”, and the words “charter granted by this chapter” are substituted for “this charter”, for clarity and consistency in the revised title.
Reference
Citations & Metadata
Citation
36 U.S.C. § 22907
Title 36 — Patriotic and National Observances
Last Updated
Apr 5, 2026
Release point: 119-73not60