nonprofit corporation — An organization that is incorporated under state laws and approved by both the state s Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes either to benefit… … Business law dictionary
nonprofit corporation — A corporation ordinarily without stockholders, created for or devoted to charitable purposes or supported by charity; a charitable corporation. 18 Am J2d Corp §§ 10, 460 … Ballentine's law dictionary
Mutual-benefit nonprofit corporation — In the United States, a mutual benefit nonprofit corporation or membership corporation is a type of nonprofit corporation chartered by a state government that exists to serve its members. Therefore, it cannot obtain IRS 501(c)(3) non profit… … Wikipedia
Model Nonprofit Corporation Act — The Model Nonprofit Corporation Act (MNCA) is model legislation prepared by the Nonprofit Organizations Committee of the Business Law Section of the American Bar Association [1]. The MNCA is a model set of statutes governing nonprofit… … Wikipedia
Mutual benefit nonprofit corporation — In the United States, a mutual benefit nonprofit corporation or membership corporation is a type of nonprofit corporation chartered by a state government that exists to serve its members. It cannot obtain federal 501(c)(3) non profit status as a… … Wikipedia
Public benefit nonprofit corporation — A Public benefit nonprofit corporation is a type of nonprofit corporation chartered by a state government … Wikipedia
Nonprofit organization — (abbreviated as NPO) is neither a legal or technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends. States in the United States defer to… … Wikipedia
corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… … Law dictionary
nonprofit — adjective altruistic, beneficent, benevolent, charitable, eleemosynary, humanitarian, munificent, philanthropic, public service associated concepts: nonprofit corporation Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… … Wikipedia
