§151508. Duty to maintain corporate and tax-exempt status
36 U.S.C. § 151508
Corporate Status.— The corporation shall maintain its status as a corporation incorporated under the laws of Illinois.
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.).
Notes, amendments, and revision history
(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). | |