Duty to maintain corporate and tax-exempt status

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§150109. Duty to maintain corporate and tax-exempt status

(a) Corporate Status.-The corporation shall maintain its status as a corporation incorporated under the laws of the District of Columbia.

(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.).

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1387 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
150109(a) 36:2308(f). Apr. 10, 1984, Pub. L. 98–257, §§8(f), 15 (1st sentence), 98 Stat. 128 , 129.
150109(b) 36:2314 (1st sentence).  


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