§ 80503. Purposes

Type Statute
Publication 2024-04-08
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 80503. Purposes

(1) to operate in the public interest, as a nonpartisan and nonprofit organization, solely for patriotic, charitable, literary, educational, scientific, or civic improvement purposes; and

(2) the purposes stated in its articles of incorporation that are not inconsistent with the purposes described in clause (1) of this section.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1363.)

Before clause (1), the words “purposes of the corporation are” are substituted for “objects and purposes of the corporation shall be, solely, that it is” for consistency in the revised title and to eliminate unnecessary words. In clause (1), the words “to operate in the public interest, as a nonpartisan and nonprofit organization, solely for” are substituted for “(a) organized and operated in the public interest, as a nonpartisan and nonprofit organization . . . (b) organized and operated solely for” to eliminate unnecessary words and because the prohibition on discrimination in 36:1603(a) is restated in sections 80504 and 80505 of the revised title.

Historical and Revision Notes
RevisedSection Source (U.S. Code) Source (Statutes at Large)
80503 36:1603 (less discrimination). Dec. 4, 1980, Pub. L. 96–497, § 3 (less discrimination), 94 Stat. 2595.

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