36 USC 70108 - 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 Pennsylvania.

(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. 1348; Pub. L. 106–398, §1 [[div. A], title X, §1087(g)(4)], Oct. 30, 2000, 114 Stat. 1654, 1654A–294.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
70108(a)	36:5608(e).	Sept. 23, 1996, Pub. L. 104–201, title XVIII, §§1808(e), 1814 (related to duty to maintain status), 110 Stat. 2761, 2762.
70108(b)	36:5613 (related to duty to maintain status).

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Last modified: October 26, 2015