Organization

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§140401. Organization

(a) Federal Charter.-Military Officers Association of America (in this chapter, the "corporation"), a nonprofit organization that meets the requirements for a veterans service organization under section 501(c)(19) of the Internal Revenue Code of 1986 and is organized under the laws of the Commonwealth of Virginia, is a federally chartered corporation.

(b) Expiration of Charter.-If the corporation does not comply with the provisions of this chapter, the charter granted by subsection (a) shall expire.

(Added Pub. L. 111–95, §1(a), Nov. 6, 2009, 123 Stat. 3001 .)


Editorial Notes

References in Text

Section 501 of the Internal Revenue Code of 1986, referred to in subsec. (a), is classified to section 501 of Title 26, Internal Revenue Code.


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