Duty to maintain corporate and tax-exempt status

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§152108. 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 Colorado.

(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. 1411 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
152108(a) 36:4107(f). Nov. 14, 1988, Pub. L. 100–655, §§107(f), 115, 102 Stat. 3851 , 3852.
152108(b) 36:4114.  


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