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U.S. Code/Title 36/§ 120106

Title 36

36

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36 U.S.C. § 120106.Chapter 1201

§ 120106

Restrictions

Title 36
1 min read

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Back to Chapter 1201Previous: § 120105Next: § 120107

((a)) ** .—** The corporation may not issue stock or declare or pay a dividend.

((b)) ** .—** The corporation, or a director or officer of the corporation as such, may not contribute to, support, or participate in any political activity or in any manner attempt to influence legislation.

((c)) ** .—** The corporation may not make a loan to a director, officer, or employee of the corporation.

((d)) ** .—** The corporation may not claim congressional approval, or the authority of the United States, for any activity of the corporation.

((e)) ** .—** The corporation shall maintain its status as a corporation incorporated under the laws of the State of New York.

§ 120105

Release: pl-119-83 (2026-04-13)

§ 120107

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