36 USC § 110108 Duty to maintain corporate and tax-exempt status | United States Code | US Law

36 USC § 110108

Duty to maintain corporate and tax-exempt status

October 21, 2020

USC

(a) Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of New York.

(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.).

Open Table

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
110108(a)	36:2701(b).	Aug. 21, 1984, Pub. L. 98–391, §§1(b), 15 (1st sentence), 98 Stat. 1358, 1361.
110108(b)	36:2714 (1st sentence).

In subsection (a), the words "retain and" and "organized and" are omitted as unnecessary.

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