 | United States - Educational law and legislation - 1971 - 1024 pages
...of the Corporation. "Nonprofit and Nonpolitical Nature of the Corporation "(f ) (1) The Corporation COMMODITIES SBC. 202. (a) The Secretary is hereby...establish, equip, and maintain four regional researc Corporation shall inure lo the benefit of any director, officer, employee, or any other individual... | |
 | United States - Law - 1995 - 1088 pages
...Non-profit nature of corporation (1) The corporation shall have no power to issue any shares of stocks, or to declare or pay any dividends. (2) No part of the income or assets of the corporation shall inure to the benefit of any director, officer, or employee, except as reasonable... | |
 | United States - Law - 1971 - 1040 pages
...73 Stat. 79.) § 78k. Prohibition against issuance of stock or payment of dividends. The corporation shall have no power to issue any shares of stock or to declare or pay any dividends. (Pub. L. 86-47, § 12, June 17, 1959, 73 Stat. 79.) §78/. Books and records; inspection. The corporation... | |
 | United States - 1955 - 1642 pages
...their authority. PROHIBITION AGAINST ISSUANCE OF STOCK OR PAYMENT OF DIVIDENDS SEC. 12. The corporation shall have no power to issue any shares of stock or to declare or pay any dividends. BOOKS AND RECORDS; INSPECTION SEC. 13. The corporation shall keep correct and complete books and records... | |
 | Royce Hanson - Metropolitan government - 1966 - 88 pages
...the membership on such terms as shall be expressly stated in the by-laws . EIGHTH: The Corporation shall have no power to issue any shares of stock or to declare or pay any dividends. NINTH: (a) No part of the income or assets of the Corporation shall inure to any of its members or... | |
 | United States. Congress. House. Post Office and Civil Service - 1966 - 536 pages
...their authority. Provision Against Issuance of Stock or Payment of Dividends Sec. 15. The corporation shall have no power to issue any shares of stock or to declare or pay any dividends. Books and Records; Inspection Sec. 16. The corporation shall keep, for a reasonable period of time,... | |
 | United States. Congress. House. Committee on the Judiciary - Courts - 1966 - 1396 pages
...of its officers and agents when acting within the scope of their authority. SEC. 12. The corporation shall have no power to issue any shares of stock or to declare or pay any dividends. SEC. 13. The corporation shall keep correct and complete books and records of account and shall keep... | |
 | Royce Hanson - Metropolitan government - 1966 - 88 pages
...the membership on such terms as shall be expressly stated in the by-laws . EIGHTH: The Corporation shall have no power to issue any shares of stock or to declare or pay sry dividends. BTJRH: (a) Xc part cf T-rf- ni mw or assets of tie Corporation sha1l inure to arr cf... | |
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The Corporation shall have no power to issue any shares of stock, or to declare or pay any dividends. (2) No part of the income or assets of the Corporation shall inure to the benefit of any director, officer, employee, or any other individual except... 
