36 USC 200104 - Restrictions

(a) Profit.—The corporation may not operate for profit.

(b) Use of Earnings.—Earnings generated by the corporation may be used only for the purposes provided in section 200102 of this title.

(c) Use of Property.—Property held by the corporation, and the proceeds from the property, may be used only for the purposes provided in section 200102 of this title.

(d) Parks in the District of Columbia.—The corporation may not occupy any park in the District of Columbia.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1452.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
200104(a)	36:5401 (3d sentence words before "and any earnings").	Mar. 3, 1901, ch. 876, §1 (2d sentence proviso, 3d sentence, last sentence proviso), 31 Stat. 1453; June 29, 1938, ch. 796, 52 Stat. 1226.
200104(b)	36:5401 (3d sentence words beginning with "and any earnings").
200104(c)	36:5401 (2d sentence proviso).
200104(d)	36:5401 (last sentence proviso).

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Last modified: October 26, 2015