2010 Tennessee Code
Title 13 - Public Planning And Housing
Chapter 14 - Development Programs
Part 2 - Community-Based Development Organizations
13-14-202 - Community-based development organization defined.
13-14-202. Community-based development organization defined.
A community-based development organization is an organization that:
(1) Is established under the state charter provisions of the Tennessee Code;
(2) Has qualified for tax exempt status under § 501(c)(3) of the Internal Revenue Code;
(3) Has a purpose, stated in the articles of incorporation, to serve low and moderate income people's need for community development and community self-help;
(4) Was not organized and is not controlled by governmental entities or agents; and
(5) Was not organized and is not controlled by a for-profit entity or agent.
[Acts 1996, ch. 1032, § 2.]
Disclaimer: These codes may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
