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26 U.S.C. § 1381

Title 26 Chapter 1 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 1381. Organizations to which part applies

  • (a) This part shall apply to—
    • (1) any organization exempt from tax under section 521 (relating to exemption of farmers’ cooperatives from tax), and
    • (2) any corporation operating on a cooperative basis other than an organization—
      • (A) which is exempt from tax under this chapter,
      • (B) which is subject to the provisions of—
        • (i) part II of subchapter H (relating to mutual savings banks, etc.), or
        • (ii) subchapter L (relating to insurance companies), or
      • (C) which is engaged in furnishing electric energy, or providing telephone service, to persons in rural areas.
  • (b) An organization described in subsection (a)(1) shall be subject to the tax imposed by section 11.
  • (c) For treatment of income from load loss transactions of organizations described in subsection (a)(2)(C), see section 501(c)(12)(H).

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