§ 40305. Restrictions

Latest version.

The corporation may not engage in business for profit or issue stock.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1332.)

Historical And Revision

Historical and Revision Notes
40305	36:204.	July 1, 1946, ch. 527, § 4, 60 Stat. 347.

Historical and Revision Notes

40305

36:204.

July 1, 1946, ch. 527, § 4, 60 Stat. 347.

This section is substituted for 36:204(a) to eliminate unnecessary words. The text of 36:204(b) is omitted as executed and obsolete.

                    
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