§ 20708. Duty to maintain tax-exempt status
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/usc/title-36/section-20708A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.)
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- Pub. L. 105–225
- 112 Stat. 1289
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