36 U.S. Code § 22908. 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 Ohio.
(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)

22908(a)

36:3908(f).

Nov. 6, 1986, Pub. L. 99–604, §§ 8(f), 15 (1st sentence), 100 Stat. 3447, 3448.

22908(b)

36:3914 (1st sentence).

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