20 U.S.C. § 4419
Title 20
Chapter 56
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
View on OLRC →
Sections in this chapter
§ 4419. Nonprofit and nonpolitical nature of Institute
- (a) The Institute shall have no power to issue any shares of stock or to declare or pay any dividends.
- (b) 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) The Institute may not contribute to, or otherwise support, any political party or candidate for elective public office.
Change History
No amendments tracked yet for this section.
Change history will appear here automatically when the pipeline detects modifications between US Code release points.