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36 U.S. Code § 20208 - 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 the District of Columbia.
(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.).

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

20208(a)

36 App.:5808(e).

Nov. 18, 1997, Pub. L. 105–85, title XV, §§ 1508(e), 1514 (related to duty to maintain status), 111 Stat. 1965, 1966.

20208(b)

36 App.:5813 (related to duty to maintain status).

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