§ 152909 - Duty to maintain corporate and tax-exempt status

CHAPTER 1529— NATIONAL SOCIETY, DAUGHTERS OF THE AMERICAN COLONISTS

(a) The corporation shall maintain its status as a corporation incorporated under the laws of each State in which it is incorporated.

(b) 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.).

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 152909(a)36:2908(f).Oct. 30, 1984, Pub. L. 98–561, §§ 8(f), 16 (1st sentence), 98 Stat. 2911, 2913. 152909(b)36:2915 (1st sentence).