36 USC § 50108
Duty to maintain tax-exempt status
October 21, 2020
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.
Open Table|
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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