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20 U.S.C. § 4421 — Nonprofit and nonpolitical nature of Institute
Federal law — U.S. Code and appendices · legal_authorities
**(a) Stock** The Institute shall have no power to issue any shares of stock or to declare or pay any dividends.
**(b) Nonprofit nature** 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) Nonpolitical nature** The Institute may not contribute to, or otherwise support, any political party or candidate for elective public office.
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Source file: Laws/federal/codes/united-states-code/title-20/section-4421-nonprofit-and-nonpolitical-nature-of-institute--952992dff0.md
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Source location: Title 20, Chapter 56, § 4421; chapter-056-american-indian-alaska-native-and-native-hawaiian-culture-and-art-development.md
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**(a) Stock** The Institute shall have no power to issue any shares of stock or to declare or pay any dividends.
**(b) Nonprofit nature** 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) Nonpolitical nature** The Institute may not contribute to, or otherwise support, any political party or candidate for elective public office.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, acts Feb. 8, 1887, ch. 119, § 1, 24 Stat. 388; Feb. 28, 1891, ch. 383, § 1, 26 Stat. 794; June 25, 1910, ch. 431, § 17, 36 Stat. 859, related to allotments of irrigable and nonirrigable land on reservations.
#### Codification
Section was based on section 1 of act Feb. 8, 1887, as amended generally by section 1 of act Feb. 28, 1891, which was amended generally, by act June 25, 1910. The amendment by act June 25, 1910, to section 1 of act Feb. 28, 1891, was treated as an amendment to section 1 of act Feb. 8, 1887, to reflect the probable intent of Congress, and this section was based on the text of section 1 of act Feb. 28, 1891, as so amended. The repeal by Pub. L. 106–462 of section 1 of act Feb. 8, 1887, was executed by repealing this section, to reflect the probable intent of Congress.
#### Short Title of 2018 Amendment
Pub. L. 115–399, § 1, Dec. 31, 2018, 132 Stat. 5331, provided that: “This Act [enacting and amending provisions set out as notes under [section 355 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section355&num=0&edition=prelim)] may be cited as the ‘Stigler Act Amendments of 2018’.”
#### Short Title of 1987 Amendment
Pub. L. 100–153, § 1, Nov. 5, 1987, 101 Stat. 886, provided that: “This Act [amending sections 373, 1401, and 2301 of this title and [section 4421 of Title 20](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section4421&num=0&edition=prelim), Education, and amending provisions set out as a note under this section] may be cited as the ‘Indian Law Technical Amendments of 1987’.”
#### Short Title
Act Feb. 8, 1887, ch. 119, 24 Stat. 388, as amended, enacting this section and sections 332 to 334, 339, 341, 342, 348, 349, 354, and 381 of this title, is po
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 331
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Federal law — U.S. Code and appendices · legal_authorities
Page 1246
TITLE 20—EDUCATION
§ 4419
(Pub. L. 99–498, title XV, § 1511, Oct. 17, 1986, 100
Stat. 1607; Pub. L. 102–325, title XIII, § 1331(e),
July 23, 1992, 106 Stat. 807.)
Editorial Notes
AMENDMENTS
1992—Subsec. (a). Pub. L. 102–325 inserted ‘‘develop a
policy or policies for the Institute to’’ after ‘‘is author-
ized to’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1992 AMENDMENT
Amendment by Pub. L. 102–325 effective Oct. 1, 1992,
see section 2 of Pub. L. 102–325, set out as a note under
section 1001 of this title.
§ 4419. Nonprofit and nonpolitical nature of Insti-
tute
(a) Stock
The Institute shall have no power to issue any
shares of stock or to declare or pay any divi-
dends.
(b) Nonprofit nature
No part of the income or assets of the Insti-
tute shall inure to the benefit of any director,
officer, employee, or any other individual except
as salary or reasonable compensation for serv-
ices.
(c) Nonpolitical nature
The Institute may not contribute to, or other-
wise support, any political party or candidate
for elective public office.
(Pub. L. 99–498, title XV, § 1512, Oct. 17, 1986, 100
Stat. 1607.)
§ 4420. Tax status; tort liability
(a) Tax status
The Institute and the franchise, capital, re-
serves, income, and property of the Institute
shall be exempt from all taxation now or here-
after imposed by the United States, by any In-
dian tribe, or by any State or political subdivi-
sion thereof.
(b) Tort liability
(1) The Institute shall be subject to liability
relating to tort claims only to the extent a Fed-
eral agency is subject to such liability under
chapter 171 of title 28.
(2) For purposes of chapter 171 of title 28, the
Institute shall be treated as a Federal agency
(within the meaning of section 2671 of suc
Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 4421
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