Code · U.S. Code · Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS · CHAPTER 219— THE AMERICAN NATIONAL THEATER AND ACADEMY · § 21905

§ 21905. Restrictions

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(a)Profit and Stock.— The corporation shall be nonprofit and may not issue stock.

(b)Political Activities.— The corporation shall be nonpolitical and nonsectarian, and may not promote the candidacy of an individual seeking public office.

(c)Honorary Members.— The corporation may not have honorary members.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1299.)

In subsection (a), the word “capital” is omitted for consistency in the revised title.

In subsection (b), the words “as an organization” are omitted as unnecessary.

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Pub. L. 105–225
112 Stat. 1299

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§ 21905

Restrictions

Pub. L.Pub. L. 105–225

Stat.112 Stat. 1299

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