9-508. Qualifying nonprofit organization, defined.
63 words·~1 min read·
/ne/chapter-9/9-508A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Qualifying nonprofit organization shall mean any nonprofit organization holding a certificate of exemption under section 501 of the Internal Revenue Code or whose major activities, exclusive of conducting any lottery or raffle, are conducted for charitable and community betterment purposes. A qualifying nonprofit organization shall have its principal office located in this state and shall conduct a majority of its activities in Nebraska.