Title 36, Patriotic and National ObservancesRelease 119-102
§40705 Duty to Maintain Tax-exempt Status
Title 36 › Subtitle II — Patriotic and National Organizations › Part B — Organizations › CHAPTER 407 — CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY › SUBCHAPTER I — CORPORATION › § 40705
Summary
Must be run to qualify for tax-exempt status under 26 U.S.C. 501(a) as a 501(c)(3).
Full Legal Text
Title 36, §40705
Patriotic and National Observances, Source: USLM XML via OLRC
The corporation shall be operated in a manner and for purposes that qualify the corporation for exemption from taxation under section 501(a) of the Internal Revenue Code of 1986 (26 U.S.C. 501(a)) as an organization described in section 501(c)(3) of that Code (26 U.S.C. 501(c)(3)).
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 4070536:5501(b)(2).Feb. 10, 1996, Pub. L. 104–106, title XVI, § 1611(b)(2), 110 Stat. 516.
Reference
Citations & Metadata
Citation
36 U.S.C. § 40705
Title 36, Patriotic and National Observances
Last Updated
Aug 21, 2026
Release point: 119-102