36 USC 20708 - Duty to Maintain Tax-exempt Status

The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.). If the corporation does not maintain that status, the charter granted by this chapter expires.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1289.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
20708 36:1914. June 1, 1982, Pub. L. 97–192, §15, 96 Stat. 111.

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Last modified: October 26, 2015