36 USC 20708: Duty to maintain tax-exempt status
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36 USC 20708: Duty to maintain tax-exempt status Text contains those laws in effect on November 21, 2024
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 207-AMERICAN COUNCIL OF LEARNED SOCIETIES
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§20708. Duty to maintain 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.). If the corporation does not maintain that status, the charter granted by this chapter expires.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1289 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
20708 36:1914. June 1, 1982, Pub. L. 97–192, §15, 96 Stat. 111 .