§ 140407 - Tax-exempt status required as condition of charter

CHAPTER 1404— MILITARY OFFICERS ASSOCIATION OF AMERICA

If the corporation fails to maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986, the charter granted under this chapter shall terminate.

Notes

Editorial Notes

References in Text

The Internal Revenue Code of 1986, referred to in text, is classified generally to Title 26, Internal Revenue Code.