36 U.S. Code § 154508 - Duty to maintain corporate and tax-exempt status

§ 154508.
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.).

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

154508(a)

36:2808(f).

Oct. 19, 1984, Pub. L. 98–520, §§ 8(f), 15 (1st sentence), 98 Stat. 2429, 2430.

154508(b)

36:2814 (1st sentence).

 

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