Nonprofit organization
From Bilat-Wiki
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Taimu: Nonprofit organization means any corporation, trust, association, cooperative, or other organization, not including IHEs, that:
- (a) Is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest;
- (b) Is not organized primarily for profit; and
- (c) Uses net proceeds to maintain, improve, or expand the operations of the organization. Obligations.
