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Non Stock Corporations Form

Non Stock Corporations Form

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Instructions and help about Non Stock Corporations Form

Title 11 non-stock corporation's section 87 definition for the purposes of this code and non-stock corporation is one where no part of its income is distributed as dividends to its members trustees or officers subject to the provisions of this code on dissolution provided that any profit which you non-stock corporation may obtain as an incident to its operations shall whenever necessary or proper be used for the furtherance of the purpose or purposes for which the corporation was organized subject to the provisions of this title the provisions governing stock corporation when pertinent shall be applicable to non-stock corporations except as may be covered by specific provisions of this title section 88 purposes non-stock corporations may be formed or organized for charitable religious educational professional cultural fraternal literary scientific social civic service or similar purposes like trade industry agricultural and like chambers or any combination thereof subject to the specia

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