§ 150109 - Duty to maintain corporate and tax-exempt status

CHAPTER 1501— NATIONAL ACADEMY OF PUBLIC ADMINISTRATION

(a) The corporation shall maintain its status as a corporation incorporated under the laws of the District of Columbia.

(b) 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

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 150109(a)36:2308(f).Apr. 10, 1984, Pub. L. 98–257, §§ 8(f), 15 (1st sentence), 98 Stat. 128, 129. 150109(b)36:2314 (1st sentence).