
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: 36USC220507]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
              CHAPTER 2205--UNITED STATES OLYMPIC COMMITTEE
 
                        SUBCHAPTER I--CORPORATION
 
Sec. 220507. Restrictions

    (a) Profit and Stock.--The corporation may not engage in business 
for profit or issue stock.
    (b) Political Activities.--The corporation shall be nonpolitical and 
may not promote the candidacy of an individual seeking public office.

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1470.)

                                          Historical and Revision Notes
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           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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220507(a).............................  36:378.                          Sept. 
21, 1950, ch. 975, title I, Secs.
                                                                          107, 
108, as added Nov. 8, 1978, Pub.
                                                                          L. 95
-606, Sec.  1(b), 92 Stat. 3048.
220507(b).............................  36:377.
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    In subsection (a), the words ``may not'' are substituted for ``shall 
have no power to'' for consistency in the revised title. The words 
``capital'', ``pecuniary'', and ``or gain'' are omitted as unnecessary.
    In subsection (b), the words ``as an organization'' are omitted as 
unnecessary.
