Nebraska Statutes 44-1083. Creation of not-for-profit institution; authorized
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A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by subdivision (1)(b) of section 44-1076. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.
Terms Used In Nebraska Statutes 44-1083
- Personal property: All property that is not real property.