36 U.S. Code § 110108 - 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 New York.
(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.).

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1368.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
110108(a)
36:2701(b).
Aug. 21, 1984, Pub. L. 98–391, §§ 1(b), 15 (1st sentence), 98 Stat. 1358, 1361.
110108(b)
36:2714 (1st sentence).

In subsection (a), the words “retain and” and “organized and” are omitted as unnecessary.

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.