36 U.S. Code § 152909 - 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.).

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1421.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
152909(a)
36:2908(f).
Oct. 30, 1984, Pub. L. 98–561, §§ 8(f), 16 (1st sentence), 98 Stat. 2911, 2913.
152909(b)
36:2915 (1st sentence).

 

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