36 U.S.C. 30906: RestrictionsText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSCHAPTER 309-BOY SCOUTS OF AMERICA
§30906. Restrictions
(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.
( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1326 .)
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.
