§ 23701f
63 words·~1 min read·
/ca/revenue-and-taxation-code/23701fA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A civic league, social welfare organization, or local organization of employees described in Section 501(c)(4) of the Internal Revenue Code, except as otherwise provided.
(b)An organization is not organized exclusively for exempt purposes under Section 501(c)(4) of the Internal Revenue Code unless its assets are irrevocably dedicated to one or more purposes listed in Section 501(c)(4) of the Internal Revenue Code.