U.S. Code › Title 36 › Subtitle II › Part B › Chapter 501 › § 50108

36 U.S. Code § 50108 - Duty to maintain 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.). If the corporation does not maintain that status, the charter granted by this chapter expires.

Source

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1343.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
50108
36:3714.
Dec. 9, 1985, Pub. L. 99–172, § 15, 99 Stat. 1022.

 

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