§ 8-901. "Nonprofit organization" defined

   In this subtitle, "nonprofit organization" means:

   (1) a bona fide religious organization, no part of the earnings of which inures to the benefit of any individual or is used for any purpose other than the maintenance and operation of a residential child care program, the purchase of equipment to be used in a residential child care program, or the expansion of a residential child care program; or

   (2) an organization:

      (i) that is chartered as a nonprofit corporation and classified by the Internal Revenue Service as nonprofit; and

      (ii) no part of the earnings of which inures to the benefit of any individual or is used for any purpose other than the maintenance and operation of a residential child care program, the purchase of equipment to be used in a residential child care program, or the expansion of a residential child care program.

HISTORY: An. Code 1957, art. 41, § 18-701(a), (c); 2007, ch. 3, § 2.