
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: 36USC210106]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
              CHAPTER 2101--THEODORE ROOSEVELT ASSOCIATION
 
Sec. 210106. Restrictions

    (a) Exclusively Educational Purposes.--The corporation shall be 
operated exclusively for educational purposes.
    (b) Stocks and Dividends.--The corporation may not issue stock or 
declare or pay a dividend.
    (c) Distributions of Income or Assets.--The income or assets of the 
corporation may not inure to the benefit of any member or individual.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1456.)

                                          Historical and Revision Notes
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           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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210106................................  36:4705.                         May 31
, 1920, ch. 216, Sec.  5, 41
                                                                          Stat.
 693.
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    In subsection (a), the words ``is organized and'' are omitted as 
executed and obsolete.
    In subsection (b), the words ``certificates of'' are omitted as 
unnecessary.
    In subsection (c), the words ``income or assets'' are substituted 
for ``earnings, income, or funds'' for consistency in the revised title.
