36 U.S.C. § 50108 — Duty to maintain tax-exempt status
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 40 words · no verdicts yet
This section addresses duty to maintain tax-exempt status. It states the specific duties, permissions, funding rules, definitions, or limits set out below.
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.). If the corporation does not maintain that status, the charter granted by this chapter expires.
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.). If the corporation does not maintain that status, the charter granted by this chapter expires.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1343.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1343
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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