36 U.S. Code § 151508 - 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 Illinois.
(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. 1403.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
151508(a)
36:2008(f).
Aug. 9, 1982, Pub. L. 97–231, §§ 8(f), 15 (1st sentence), 96 Stat. 257, 258.
151508(b)
36:2014 (1st sentence).

 

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