StacksVerified U.S. federal law reference

36 U.S.C. § 210106 — Restrictions

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)Exclusively Educational PurposesThe corporation shall be operated exclusively for educational purposes.
  2. (b)Stocks and DividendsThe corporation may not issue stock or declare or pay a dividend.
  3. (c)Distributions of Income or AssetsThe income or assets of the corporation may not inure to the benefit of any member or individual.