NAC701B.067. “Corporation for public benefit” defined.

Latest version.

“Corporation for public benefit” means a corporation that is organized for a public or charitable purpose and which upon dissolution must distribute its assets to the United States, a state, or a person which is recognized as exempt pursuant to 26 U.S.C. § 501(c)(3).

(Added to NAC by Pub. Utilities Comm’n by R122-13, eff. 2-26-2014)

                    
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