Statute · United States Code
36 U.S.C. § 140407 — Tax-exempt status required as condition of charter
36 U.S.C. § 140407
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
If the corporation fails to maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986, the charter granted under this chapter shall terminate.
Citator
36 U.S.C. § 140407 — Tax-exempt status required as condition of charter is in force in the current edition of the Code, and nothing recorded condemns it.
If the corporation fails to maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986, the charter granted under this chapter shall terminate.