§ 40704 - Restrictions

CHAPTER 407— CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY › SUBCHAPTER I— CORPORATION

(a) The corporation may not operate for profit.

(b) 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.

Notes

Historical and Revision Notes RevisedSectionSource (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.