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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 36 U.S.C. § 140407 Tax-exempt status required as condition of charter us united_states_code code_section 36 PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS 1404 MILITARY OFFICERS ASSOCIATION OF AMERICA 140407 36 U.S.C. § 140407 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip /us/usc/t36/s140407 data/legal/raw/us/code/title-36/usc36.xml a2c9e6067e164b7eb884f69366be07ed157936a14d1c74af060eeaea6b8b3824 d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d 6fc7c4f72a87e34c754e1222edf310e9778fe962511df0761c360d1ae7122077 2026-07-04 official
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36 U.S.C. § 140407 - Tax-exempt status required as condition of charter

Text

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.

(Added Pub. L. 11195, § 1(a), Nov. 6, 2009, 123 Stat. 3003.)

Notes

Editorial Notes

References in TextThe Internal Revenue Code of 1986, referred to in text, is classified generally to Title 26, Internal Revenue Code.