{"id":11023,"date":"2017-12-17T21:14:24","date_gmt":"2017-12-17T21:14:24","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=11023"},"modified":"2017-12-17T22:55:41","modified_gmt":"2017-12-17T22:55:41","slug":"nonprofit-corporation-a-corporation-without-stockholders-created-for-or-devoted-to-charitable-purposes-or-supported-by-charity-usually-afforded-special-tax-treatment","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=11023","title":{"rendered":"Nonprofit Corporation – a corporation without stockholders, created for or devoted to charitable purposes or supported by charity, usually afforded special tax treatment"},"content":{"rendered":"

\u00a0 \u00a0 This page is continued from Menu II<\/a> >>>> Litigation Terms for Types of Persons<\/em><\/a> >>>>\u00a0Types of Parties<\/em><\/a> >>>>\u00a0Artificial Persons<\/a> >>>> Corporations<\/a> >>>> Nonstock Corporations<\/a> >>>><\/strong><\/span><\/p>\n

nonprofit corporation<\/span>:<\/span><\/strong>
\n(1908)<\/span><\/p>\n

1. A corporation organized for some purpose other than making a profit, and usually afforded special tax treatment.<\/strong> \u2014 aka not-for-profit corporation<\/strong><\/span>. [1]<\/em><\/span><\/p>\n

1. A corporation ordinarily without stockholders<\/a>, created for or devoted to charitable purposes or supported by charity; a charitable corporation.\u00a0 18 Am J2d Corp \u00a7\u00a7 10, 460<\/span>.<\/strong> [2]<\/span><\/p>\n

1. A nonstock corporation<\/a> organized for purposes other than making a profit, generally for charitable or educational purposes.\u00a0 EXAMPLE: A private college or a private university.<\/strong> [3]<\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

[1]\u00a0Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner<\/a>. ISBN: 978-0-314-62130-6<\/span><\/strong><\/p>\n

[2]:\u00a0Ballantine\u2019s Law Dictionary\u00a0<\/a><\/span><\/strong>with Pronunciations
\n<\/span><\/em>Third Edition<\/span><\/strong><\/a>\u00a0by James A. Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/span><\/strong><\/p>\n

[3]:\u00a0Ballantine’s Law Dictionary <\/a><\/span><\/strong>Legal Assistant Edition<\/a>\u00a0<\/span><\/em>by Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

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Back to Nonstock Corporations<\/a>
\n<\/span><\/span><\/strong><\/p>\n

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