36 U.S.C. § 50108

Duty to maintain 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.). If the corporation does not maintain that status, the charter granted by this chapter expires.

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1343 .)