Find Bill
Find Your Legislator
Legislative Deadlines
Oct. 14, 2017
RSS Feed Permanent URL -A +A

2016 Statute



Prev Article 46. - PRIVATE FOUNDATIONSNext


79-4602.Same; distribution required. Each corporation which is a "private foundation" as defined in § 509 of the internal revenue code of 1954 shall distribute, for the purposes specified in its articles of organization, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by § 4942 (a) of the internal revenue code of 1954.

History: L. 1971, ch. 313, § 2; July 1.



Prev Article 46. - PRIVATE FOUNDATIONSNext
2017. Powered by KLISS. Rendered: 2017-10-14T02:12:46. Head Rev No: 273636