Statute · United States Code
36 U.S.C. § 20708 — Duty to maintain tax-exempt status
36 U.S.C. § 20708
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
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.
Citator
36 U.S.C. § 20708 — Duty to maintain tax-exempt status is in force in the current edition of the Code, and nothing recorded condemns it.
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.