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If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
A public-benefit nonprofit corporation [1] is a type of nonprofit corporation chartered by a U.S. state government and organized primarily or exclusively for social, educational, recreational or charitable purposes by like-minded citizens.
The second administrator is called the administrator de bonis non and distributes the remaining assets. In the United States's Uniform Probate Code, these titles have been replaced by successor personal representative. [1] The most common cause of a grant of de bonis non by a court is where the administrator dies. However, it can also be ...
Tonka Beans. This wrinkly legume from South America underwent a recent boom in the fine-dining world due to its notes of vanilla, almond, and cinnamon, but it has actually been illegal in the U.S ...
The White House released a letter Monday highlighting the executive order’s impact on the few hospitals that decided to suspend care in non-ban states, which ended "promises made, promises kept ...
Only one camera was recording the action and only one tape exists of that game. As Daly called time on the scrimmage, the scoreboard confirmed the shocking result – Dream Team 54-62 Select Team.
This is known as the "non-delegation principle" [22] or the "presumption against delegation". [ 1 ] For example, in Barnard v National Dock Labour Board [1953] 2 QB 18, the Court of Appeal held that the delegation of disciplinary powers originally granted to the London Dock Labour Board to the port manager was unlawful. [ 23 ]
Mazda (), despite being the little brother among Japanese auto giants Toyota (), Honda (HMC), and Nissan (), had a great year.The company had a record-breaking 2024 in the US, with sales up nearly ...