1. LawStack
  2. Title 36 - PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS
  3. Subtitle II - Patriotic and National Organizations
  4. Part B - Organizations
  5. Chapter 309 - BOY SCOUTS OF AMERICA
  6. 36 USC § 30906
36 USC § 30906
Restrictions
October 21, 2020
USC

(a) Profit.—The corporation may not operate for pecuniary profit to its members.

(b) Stocks and Dividends.—The corporation may not issue stock or declare or pay a dividend.

 Open Table
Historical and Revision Notes
Revised

Section

 Source (U.S. Code) Source (Statutes at Large)
30906 36:24 (words after semicolon). June 15, 1916, ch. 148, §4 (words after semicolon), 39 Stat. 228.

The words "certificates of" and "its object and purposes being solely of a benevolent character" are omitted as unnecessary.
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§ 30905 Exclusive right to emblems, badges, marks, and words
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§ 30907 Annual and special meetings

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