CFR /  Title 16  /  Part 802  /  Sec. 802.40 Exempt formation of corporations or unincorporated

The formation of an entity is exempt from the requirements of the Act if the entity will be not-for-profit within the meaning of sections 501(c)(1)-(4), (6)-(15), (17)-(20) or (d) of the Internal Revenue Code. [70 FR 11514, Mar. 8, 2005]