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36 U.S.C. 151508: Duty to maintain corporate and tax-exempt statusText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSCHAPTER 1515-NATIONAL FEDERATION OF MUSIC CLUBS
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§151508. 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 Illinois.

(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. 1403 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

151508(a)

36:2008(f).

Aug. 9, 1982, Pub. L. 97–231, §§ 8(f), 15 (1st sentence), 96 Stat. 257, 258.

151508(b)

36:2014 (1st sentence).