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36 U.S.C. § 210106

Title 36Chapter 2101Current through PL 116-220~1 min readLast updated: March 30, 2026View on OLRC →
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§ 210106. Restrictions

  • (a) The corporation shall be operated exclusively for educational purposes.
  • (b) The corporation may not issue stock or declare or pay a dividend.
  • (c) The income or assets of the corporation may not inure to the benefit of any member or individual.

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