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36 U.S.C. § 150410Duty to maintain tax-exempt status

submitted 3 years ago by Pub. L. 118-31 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 19 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation must keep its tax-exempt status. That status comes from the Internal Revenue Code of 1986.

This section requires the corporation to maintain its tax-exempt status. The corporation must stay qualified as an organization exempt from taxation under the Internal Revenue Code of 1986.
the actual law source: uscode.house.gov ↗public domain

The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986.

Source credit: (Added Pub. L. 118–31, div. E, title LI, § 5103(a), Dec. 22, 2023, 137 Stat. 937.)

history & why it existsrecord from the source credit
  • 2023Enacted · Pub. L. 118-31 · 137 Stat. 937

A history note hasn’t been published yet. The record shows enactment by Pub. L. 118-31 on 2023-12-22.

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