Page:United States Statutes at Large Volume 112 Part 2.djvu/577

 PUBLIC LAW 105-225—AUG. 12, 1998 112 STAT. 1461 §220106. Exclusive right to name, seals, emblems, and badges The corporation and its councils, organizations, chapters, and affiliates have the exclusive right to use the names "United Service Organizations, Incorporated" and "USO" and seals, emblems, and badges the corporation adopts. §220107. Assistance by Department of Defense The Secretary of Defense may make the resources of the Department of Defense available to the corporation to the extent compatible with the primary mission of the Department and in accordance with guidelines issued by the Secretary. §220108. Restrictions (a) PROFIT. —The corporation may not engage in business activity for profit unless the activity is substantially related to— (1) the purposes stated in section 220102 of this title; or (2) raising funds to accomplish those purposes. (b) STOCK AND DIVIDENDS. — The corporation may not issue stock or declare or pay a dividend. (c) POLITICAL ACTIVITIES. — The corporation shall be nonpolitical and may not provide financial aid or assistance to, or otherwise promote the candidacy of, an individual seeking elective public office. A substantial part of the activities of the corporation may not involve carrying on propaganda or otherwise attempting to influence legislation. (d) DISTRIBUTION OF INCOME OR ASSETS. —The income or assets of the corporation may not inure to the benefit of a governor, officer, member, or employee or be distributed to any person during the life of the corporation or on its dissolution or final liquidation. This subsection does not prevent the payment of reasonable compensation to an officer, employee, or other person or reimbursement for actual necessary expenses in amounts approved by the board of governors. (e) LOANS. — The corporation may not make a loan to a governor, officer, member, or employee. § 220109. Duty to maintain corporate status The corporation shall maintain its status as a corporation incorporated under the laws of New York, another State, or the District of Columbia. §220110. Principal office The principal office of the corporation shall be in New York, New York, or another place decided by the board of governors. However, the activities of the corporation are not confined to the place where the principal office is located but may be conducted throughout the States, territories, and possessions of the United States and in foreign countries. §220111. Records and inspection (a) RECORDS.— The corporation shall keep— (1) correct and complete records of account; (2) minutes of the proceedings of its members, board of governors, and committees having any of the authority of its board of governors; and 69-194O-98 -19:QL3Part2

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