47-22-68.3. Self-dealing by foundation prohibited.
35 words·~1 min read·
/sd/title-47/chapter-47-22/47-22-68-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The corporation described in § 47-22-68.2 shall not engage in any act of self - dealing which would give rise to any liability for the tax imposed by section 4941(a) of the Internal Revenue Code.