- Title 1 General Provisions
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U.S. Code > Title 36 Patriotic Societies and Observances > Subtitle II—Patriotic and National Organizations > Part B—Organizations > CHAPTER 1404—MILITARY OFFICERS ASSOCIATION OF AMERICA > § 140407. Tax-exempt status required as condition of charter
§ 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.