36 USC 21108 - Duty to Maintain Corporate and Tax-exempt Status

(a) Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of each State in which it is incorporated.

(b) 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.).

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1294.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
21108(a)	36:2408(e).	June 12, 1984, Pub. L. 98–314, §§8(e), 15 (1st sentence), 98 Stat. 238, 239.
21108(b)	36:2414 (1st sentence).

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Last modified: October 26, 2015