Definitions.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (d) (e) (f) (g) (1) Is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest; (2) Is not organized primarily for profit; and (3) Uses its net proceeds to maintain, improve, or expand its operations. For the purposes of this part, “non-profit organizations” may include utilities affiliated with institutions of higher education, or with state and local governments and federally recognized Indian tribes. (h) (i)

official document · source cfr-2024 · id 7:§ 2812.3