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.). If the corporation does not maintain that status, the charter granted by this chapter expires.
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36 U.S. Code § 20708 - Duty to maintain tax-exempt status
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Historical and Revision Notes |
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Revised Section |
Source (U.S. Code) |
Source (Statutes at Large) |
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20708 |
36:1914. |
June 1, 1982, Pub. L. 97–192, § 15, 96 Stat. 111. |