36 U.S.C. § 220507
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)The corporation may not engage in business for profit or issue stock.
- (b)The corporation shall be nonpolitical and may not promote the candidacy of an individual seeking public office.
- (c)The corporation shall develop 1 or more policies that prohibit any individual who is an employee, contractor, or agent of the corporation from assisting a member or former member in obtaining a new job (except the routine transmission of administrative and personnel files) if the individual knows that such member or former member violated the policies or procedures of the Center related to sexual misconduct or was convicted of a crime involving sexual misconduct with a minor in violation of applicable law.
- (d)The corporation shall establish a policy—
- (1)not to disperse bonus or severance pay to any individual named as a subject of an ethics investigation by the ethics committee of the corporation, until such individual is cleared of wrongdoing by such investigation; and
- (2)that provides that—