§ 25.325 - For-profit organization.  


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  • § 25.325 For-profit organization.

    For-profit organization means a non-Federal entity organized for profit. It includes, but is not limited to:

    (a) An “S corporation” incorporated under Subchapter S of the Internal Revenue Code;

    (b) A corporation incorporated under another authority;

    (c) A partnership;

    (d) A limited liability corporation or partnership; and

    (e) A sole proprietorship.