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36 U.S.C. 21905: RestrictionsText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSCHAPTER 219-THE AMERICAN NATIONAL THEATER AND ACADEMY
Jump To: Source CreditHistorical and Revision Notes

§21905. Restrictions

(a)  Profit and Stock.⁠—The corporation shall be nonprofit and may not issue stock.

(b)  Political Activities.⁠—The corporation shall be nonpolitical and nonsectarian, and may not promote the candidacy of an individual seeking public office.

(c)  Honorary Members.⁠—The corporation may not have honorary members.

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1299 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

21905(a)

36:3302 (1st sentence).

July 5, 1935, ch. 373, §§ 2 (1st sentence), 4, 49 Stat. 458.

21905(b)

36:3304 (1st sentence).

 

21905(c)

36:3304 (last sentence).

 

In subsection (a), the word “capital” is omitted for consistency in the revised title.

In subsection (b), the words “as an organization” are omitted as unnecessary.