36 U.S.C. § 154508 – Duty to maintain corporate and tax-exempt status | Midpage
§ 154508
36 U.S.C. § 154508
Duty to maintain corporate and tax-exempt status
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1436.)
(a) Corporate Status.— The corporation shall maintain its status as a corporation incorporated under the laws of each State in which it is incorporated.
(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.).