FEDERAL · 36 U.S.C. · Chapter 211
Duty to maintain corporate and tax-exempt status
Current through Pub. L. 119-102
(a)Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of each State in which it is incorporated.
(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.).
Free access — add to your briefcase to read the full text and ask questions with AI
36 U.S.C. § 21108 (Duty to maintain corporate and tax-exempt status) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
§ 1
26 U.S.C. § 1
Source Credit
History
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1294.)
Editorial Notes
In subsection (a), the words "organized and" are omitted as unnecessary. The words "each State" are substituted for "State or States" for consistency in the revised title and to eliminate unnecessary words.