Title 36, Patriotic and National ObservancesRelease 119-102
§40305 Restrictions
Title 36 › Subtitle II — Patriotic and National Organizations › Part B — Organizations › CHAPTER 403 — CIVIL AIR PATROL › § 40305
Summary
The corporation cannot run a business to make a profit or sell shares of stock.
Full Legal Text
Title 36, §40305
Patriotic and National Observances, Source: USLM XML via OLRC
The corporation may not engage in business for profit or issue stock.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 4030536:204.July 1, 1946, ch. 527, § 4, 60 Stat. 347. This section is substituted for 36:204(a) to eliminate unnecessary words. The text of 36:204(b) is omitted as executed and obsolete.
Reference
Citations & Metadata
Citation
36 U.S.C. § 40305
Title 36, Patriotic and National Observances
Last Updated
Aug 21, 2026
Release point: 119-102