36 U.S.C. § 70108

Duty to maintain corporate and tax-exempt status

(a) Corporate Status.—

The corporation shall maintain its status as a corporation incorporated under the laws of Pennsylvania.

(b) 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.).

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1348 ; Pub. L. 106–398, § 1 [[div. A] , title X, § 1087(g)(4)], Oct. 30, 2000 , 114 Stat. 1654 , 1654A–294.)