Duty to maintain corporate and tax-exempt status

  1. Law
  2. USC 36
  3. Patriotic And National Observances, Ceremonies, And Organizations
  4. Patriotic and National Organizations
  5. Organizations
  6. AMERICAN GI FORUM OF THE UNITED STATES
  7. Duty to maintain corporate and tax-exempt status

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§21008. 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 Texas.

(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.).

(Added Pub. L. 105–354, §1(5)(A), Nov. 3, 1998, 112 Stat. 3243 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
21008(a) 36 App.:5908(e). Aug. 13, 1998, Pub. L. 105–231, §§8(e), 14 (related to duty to maintain status), 112 Stat. 1531 , 1532.
21008(b) 36 App.:5913 (related to duty to maintain status).  

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


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