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36 U.S.C. § 22908 — 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 · 48 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation must remain incorporated under Ohio law. It must also remain exempt from federal income taxation under the Internal Revenue Code.

(a) Corporate Status.— The corporation must remain incorporated under Ohio law. (b) Tax-Exempt Status.— The corporation must remain exempt from taxation under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.).
the actual law source: uscode.house.gov ↗public domain
(a)Corporate Status.—

The corporation shall maintain its status as a corporation incorporated under the laws of Ohio.

(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.).

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1310.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 105-225 · 112 Stat. 1310

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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