
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 36USC110305]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
     CHAPTER 1103--JEWISH WAR VETERANS, U.S.A., NATIONAL MEMORIAL, 
                              INCORPORATED
 
Sec. 110305. Restrictions

    (a) Stock and Dividends.--The corporation may not issue stock or 
declare or pay a dividend.
    (b) Political Activities.--The corporation or a director or officer 
as such may not contribute to, support, or assist a political party or 
candidate for public office.
    (c) Distribution of Income or Assets.--The income or assets of the 
corporation may not inure to the benefit of, or be distributed to, a 
director or officer. This subsection does not prevent the payment of 
compensation to an officer or employee in an amount approved by the 
executive committee of the corporation.
    (d) Loans.--The corporation may not make a loan to a director, 
officer, or employee. Directors who vote for or assent to making a loan 
to a director, officer, or employee, and officers who participate in 
making the loan, are jointly and severally liable to the corporation for 
the amount of the loan until it is repaid.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1370.)

                                          Historical and Revision Notes
-------------------------------------------------------------------------------
---------------------------------
           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
-------------------------------------------------------------------------------
---------------------------------
110305(a).............................  36:921.                          Sept. 
2, 1958, Pub. L. 85-903, Secs.
                                                                          8, 9,
 11, 72 Stat. 1740.
110305(b).............................  36:919.
110305(c).............................  36:918(a).
110305(d).............................  36:918(b).
-------------------------------------------------------------------------------
---------------------------------

    In subsection (a), the words ``any shares of'' are omitted as 
unnecessary.
    In subsection (b), the word ``otherwise'' is omitted as unnecessary.
    In subsection (c), the words ``inure to the benefit of'' are 
substituted for ``inure to'' for consistency in the revised title. The 
words ``This subsection does not prevent'' are substituted for ``Nothing 
in this section, however, shall be construed to prevent'' for 
consistency in the revised title and to eliminate unnecessary words.
