36 USC 70108: Duty to maintain corporate and tax-exempt status
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36 USC 70108: Duty to maintain corporate and tax-exempt status Text contains those laws in effect on January 23, 2000
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 701-FLEET RESERVE ASSOCIATION
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§70108. 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 Delaware.

(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. 1348 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
70108(a) 36:5608(e). Sept. 23, 1996, Pub. L. 104–201, title XVIII, §§1808(e), 1814 (related to duty to maintain status), 110 Stat. 2761 , 2762.
70108(b) 36:5613 (related to duty to maintain status).  

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