U.S. Code > Title 36 Patriotic Societies and Observances > Subtitle II—Patriotic and National Organizations > Part B—Organizations > CHAPTER 701—FLEET RESERVE ASSOCIATION > § 70108. Duty to maintain corporate and tax-exempt status

§ 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.).