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20 U.S.C. § 4421 — Nonprofit and nonpolitical nature of Institute

Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 4421 — Nonprofit and nonpolitical nature of Institute

**(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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Stable record: federal_law:legal_authorities:record_usc_5ef25560b86c5367757b9414
Source file: Laws/federal/codes/united-states-code/title-20/section-4421-nonprofit-and-nonpolitical-nature-of-institute--952992dff0.md
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Passage SHA-256: 361451992d889bbd89c449d94179f551fc69bf6f236acaff8952300a2a9911db

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

25 U.S.C. § 331 — Repealed. Pub. L. 106–462, title I, § 106(a)(1), Nov. 7, 2000, 114 Stat. 2007

### 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

20 U.S.C. § 4421 — Transfer of functions

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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