(2) NONPROFIT ORGANIZATION.—The term definition

(2) NONPROFIT ORGANIZATION.—The term  nonprofit organization’ means an organization described in sec- tion 501(c) of the Internal Revenue Code of 1986 [26
(2) NONPROFIT ORGANIZATION.—The term  nonprofit organization’ means an organization that is described in section 501(c)(3) of the Internal Revenue Code of 1986 and that is exempt from taxation under section 501(a) of such Code.

Related to (2) NONPROFIT ORGANIZATION.—The term

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.