36 U.S.C. § 21108 — Duty to maintain corporate and tax-exempt status
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 54 words · no verdicts yet
The corporation must keep its status as a corporation in every state where it's incorporated. It must also stay tax-exempt under the Internal Revenue Code.
(a) Corporate Status: The corporation must keep its status as a corporation under the laws of every state where it's incorporated.
(b) Tax-Exempt Status: The corporation must also keep its status as an organization exempt from taxes under the Internal Revenue Code of 1986.
The corporation shall maintain its status as a corporation incorporated under the laws of each State in which it is incorporated.
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.).
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1294.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1294
A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.
all 0 arguments · sorted by: best
no arguments yet — make the first case