§ 50108 - Duty to maintain tax-exempt status

CHAPTER 501— DAUGHTERS OF UNION VETERANS OF THE CIVIL WAR 1861–1865

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.

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 5010836:3714.Dec. 9, 1985, Pub. L. 99–172, § 15, 99 Stat. 1022.