36 U.S.C. § 154508Chapter 1545

§154508. Duty to maintain corporate and tax-exempt status

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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.

Full Text

§154508. 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 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.).

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
154508(a)	36:2808(f).	Oct. 19, 1984, Pub. L. 98–520, §§8(f), 15 (1st sentence), 98 Stat. 2429, 2430.
154508(b)	36:2814 (1st sentence).

Last amended: December 31, 2024

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