36 U.S.C. § 140407

Title 36Chapter 1404Current through PL 116-220~1 min readLast updated: March 30, 2026View on OLRC →

Sections in this chapter

§ 140401
§ 140402
§ 140403
§ 140404
§ 140405
§ 140406
§ 140407
§ 140408
§ 140409
§ 140410
§ 140411
§ 140412

§ 140407. Tax-exempt status required as condition of charter

If the corporation fails to maintain its status as an organization exempt from taxation under the Internal Revenue Code of 1986, the charter granted under this chapter shall terminate.

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