Duty to maintain corporate and tax-exempt status

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§20909. 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 State of Washington.

(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. 1291 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
20909(a) 36:2108(f). Aug. 10, 1982, Pub. L. 97–234, §§8(f), 15 (1st sentence), 96 Stat. 262 , 263.
20909(b) 36:2114 (1st sentence).  

In subsection (a), the words "organized and" are omitted as unnecessary.


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