Duty to maintain corporate and tax-exempt status
36 U.S.C. § 21008
in effect(a) Corporate Status.—The corporation shall maintain its status as a corporation incorporated under the laws of Texas.
(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.).
Source: OLRC USLMURL: https://uscode.house.gov/download/releasepoints/us/pl/119/95/xml_usc36@119-95.zipFetched: 6/5/2026
