“Nonprofit corporation” means an institution to which contributions have been determined by the United States Internal Revenue Service to be tax-deductible pursuant to Section 501(c)(3) of Title 26 of the Internal Revenue Code, subject to the limitations described in Section 94874.1.
Cal. Educ. Code § 94850.2
Definitions
Known as the California Private Postsecondary Education Act
The act spans §§ 94800–94950 (183 sections).
Added by Stats. 2020, Ch. 153, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.