36 U.S.C. § 151508 – Duty to maintain corporate and tax-exempt status

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

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
151508(a)	36:2008(f).	Aug. 9, 1982, Pub. L. 97–231, §§ 8(f), 15 (1st sentence), 96 Stat. 257, 258.
151508(b)	36:2014 (1st sentence).