36 U.S. Code § 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.).

Source

(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).

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

2000—Subsec. (a). Pub. L. 106–398substituted “Pennsylvania” for “Delaware”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

36 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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