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§6702
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§6702 . Definitions. As used in this article, the following terms shall have the following meanings:
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§6702(a)
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(a) "Member" shall, in the case of a nonprofit property/casualty insurance company organized as a type B corporation pursuant to paragraph §201(b) of the not-for-profit corporation law, have the meaning set forth in paragraph §102(a) of the not-for-profit corporation law or, in the case of a nonprofit property/casualty insurance company organized as nonprofit reciprocal insurer under article 61 of this chapter, have the meaning set forth in subsection §6101(g) of this chapter.
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§6702(b)
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(b) "Nonmember charitable organization" shall have the meaning set forth in subsection §501(n) of the Internal Revenue Code.
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§6702(c)
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(c) "Nonprofit organizations" means organizations described in paragraph (sub§ (c)),((3)) and exempt from taxation under subsection §501(a) , of the Internal Revenue Code, including, if qualified thereunder, type B or D organizations formed pursuant to paragraph §201(b) of the not-for-profit corporation law, and organizations described in §200 a the education law.
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§6702(d)
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(d) "Startup capital" shall have the meaning set forth in subsection §501(n) of the Internal Revenue Code. Source Data downloaded: 2009-04-09 15: 44: 29; Processed: 2009-05-08 15: 36: 27
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