California Health and Safety Code 113841 – “Nonprofit charitable organization” means either of the …
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“Nonprofit charitable organization” means either of the following:
(a) A corporation incorporated pursuant to the Nonprofit Corporation Law (Division 2 (commencing with Section 5000) of Title 1 of the Corporations Code), that is exempt from taxation pursuant to paragraphs (1) to (10), inclusive, and paragraph (19) of Section 501(c) of the Internal Revenue Code and Section 23701d of the Revenue and Taxation Code.
Terms Used In California Health and Safety Code 113841
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) An organization that was organized and is in operation for charitable purposes and meets the requirements of § 214 of the Revenue and Taxation Code.
(Repealed and added by Stats. 2006, Ch. 23, Sec. 2. Effective January 1, 2007. Operative July 1, 2007, by Sec. 3 of Ch. 23.)