
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document affected by Public Law 106-398 Section 1[1087(g)(4)]]
[CITE: 36USC70108]

 
     TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND 
                              ORGANIZATIONS
 
            Subtitle II--Patriotic and National Organizations
 
                          Part B--Organizations
 
                 CHAPTER 701--FLEET RESERVE ASSOCIATION
 
Sec. 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 Delaware.
    (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.).

(Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1348.)

                                          Historical and Revision Notes
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---------------------------------
           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
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---------------------------------
70108(a)..............................  36:5608(e).                      Sept. 
23, 1996, Pub. L. 104-201, title
                                                                          XVIII
, Secs.  1808(e), 1814 (related
                                                                          to du
ty to maintain status), 110 Stat.
                                                                          2761,
 2762.
70108(b)..............................  36:5613 (related to duty to
                                         maintain status).
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    In subsection (a), the words ``organized and'' and ``the State of'' 
are omitted as unnecessary.
