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.). If the corporation does not maintain that status, the charter granted by this chapter expires.
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
50108 | 36:3714. | Dec. 9, 1985,
|