[USC02] 20 USC 4419: Nonprofit and nonpolitical nature of Institute
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20 USC 4419: Nonprofit and nonpolitical nature of Institute Text contains those laws in effect on January 23, 2020
From Title 20-EDUCATIONCHAPTER 56-AMERICAN INDIAN, ALASKA NATIVE, AND NATIVE HAWAIIAN CULTURE AND ART DEVELOPMENTSUBCHAPTER I-AMERICAN INDIANS AND ALASKA NATIVES
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§4419. Nonprofit and nonpolitical nature of Institute

(a) Stock

The Institute shall have no power to issue any shares of stock or to declare or pay any dividends.

(b) Nonprofit nature

No part of the income or assets of the Institute shall inure to the benefit of any director, officer, employee, or any other individual except as salary or reasonable compensation for services.

(c) Nonpolitical nature

The Institute may not contribute to, or otherwise support, any political party or candidate for elective public office.

( Pub. L. 99–498, title XV, §1512, Oct. 17, 1986, 100 Stat. 1607 .)