§152302. Purposes — Inbound Citations
36 U.S.C. § 152302
Cited by 2 provisions in release 119-102.
Citations to 36 U.S.C. § 152302 as a whole
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(8) use corporate funds to give prizes, awards, loans, scholarships, and grants to deserving composers, conductors, and others for the purposes stated in section 152302 of this title and for other purposes the board of directors considers proper;
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On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be used by the board of directors for the purposes stated in section 152302 of this title or be transferred to a recognized educational foundation.