36 USC 20708: Duty to maintain tax-exempt status
Text contains those laws in effect on June 29, 2024
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 207-AMERICAN COUNCIL OF LEARNED SOCIETIES
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§20708. Duty to maintain 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.). If the corporation does not maintain that status, the charter granted by this chapter expires.
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| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 20708 | 36:1914. | June 1, 1982,
|