36 U.S.C. § 21008Chapter 210

§21008. 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

§21008. 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 Texas.

(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)
21008(a)	36 App.:5908(e).	Aug. 13, 1998, Pub. L. 105–231, §§8(e), 14 (related to duty to maintain status), 112 Stat. 1531, 1532.
21008(b)	36 App.:5913 (related to duty to maintain status).

In subsection (a), the words "organized and" are omitted as unnecessary.

Last amended: December 31, 2024

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