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United States Code (Last Updated: May 24, 2014) |
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Title 36. PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS |
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SubTitle II. Patriotic and National Organizations |
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Part B. Organizations |
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Chapter 407. CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY |
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SubChapter I. CORPORATION |
§ 40704. Restrictions
Latest version.
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(a) Profit.— The corporation may not operate for profit. (b) Use of Amounts Collected.— Amounts collected under section 40703(3) and (5) of this title, including proceeds from the sale of firearms, ammunition, repair parts, and other supplies, may be used only to support the Civilian Marksmanship Program.
Historical And Revision
Historical and Revision Notes | ||
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
40704(a) | 36:5501(a) (related to nonprofit). | Feb. 10, 1996, Pub. L. 104–106, title XVI, §§ 1611(a) (related to nonprofit), 1618(a)(3), 110 Stat. 515, 520. |
40704(b) | 36:5508(a)(3). |
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In subsection (b), the words “ammunition, repair parts, and other supplies” are substituted for “ammunition, targets, and other supplies and appliances” for consistency in the revised title.