§ 96.31. Corporate structure.
65 words·~1 min read·
/us/cfr/t22/s§ 96.31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The agency qualifies for nonprofit tax treatment under section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or qualifies for nonprofit status under the laws of any State.
(b)The person is an individual or is a for-profit entity organized as a corporation, company, association, firm, partnership, society, or joint stock company, or other legal entity under the laws of any State.