US Code

Public Law 119-73 (01/23/2026)

36 U.S.C. § 151508

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 Illinois.
(b)

Tax-Exempt Status .—

26 U.S.C. 1The corporation shall maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986 ( et seq.).

Pub. L. 105–225112 Stat. 1403(, , .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

151508(a)

36:2008(f).

Aug. 9, 1982, Pub. L. 97–231, §§ 8(f), 15 (1st sentence), 96 Stat. 257, 258.

151508(b)

36:2014 (1st sentence).