36 U.S. Code Section 50108 - Duty to maintain tax-exempt status 2018

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.


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

36 U.S.C. § 50108 (2018)
Source Credit
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1343.)

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