36 USC 40704: Restrictions
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36 USC 40704: Restrictions Text contains those laws in effect on November 22, 2024
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 407-CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETYSUBCHAPTER I-CORPORATION
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§40704. Restrictions

(a) Profit.-The corporation may not operate for profit.

(b) Use of Amounts Collected.-Amounts collected under section 40703(3) and (5) of this title, including proceeds from the sale of firearms, ammunition, repair parts, and other supplies, may be used only to support the Civilian Marksmanship Program.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1336 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
40704(a) 36:5501(a) (related to nonprofit). Feb. 10, 1996, Pub. L. 104–106, title XVI, §§1611(a) (related to nonprofit), 1618(a)(3), 110 Stat. 515 , 520.
40704(b) 36:5508(a)(3).  

In subsection (b), the words "ammunition, repair parts, and other supplies" are substituted for "ammunition, targets, and other supplies and appliances" for consistency in the revised title.