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Association Law Blog: The IRS, Private Inurement and Non-Profit.
Association Law
MARCH 14, 2011
For example, an association may pay a stipend for officers in order to enable the association to recruit high quality leaders, provided the stipend is paid primarily for the benefit of the association. Are the association’s general funds subsidizing or offsetting members costs of doing business? Findlaw - CA Codes and Statutes.
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