36 U.S.C. § 50108

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 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.

36 U.S.C. § 50108

Pub. L. 105-225, 112 Stat. 1343.

HISTORICAL AND REVISION NOTES
Revised SectionSource (U.S. Code)Source (Statutes at Large)
5010836:3714.Dec. 9, 1985, Pub. L. 99-172, §15, 99 Stat. 1022.