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IRS Rules Business League Eligible to Maintain 401(k) Plan Despite Government Connections (PDF)
Internal Revenue Service [IRS]Link to more items from this source
[Official Guidance]
Nov. 5, 2002
6 pages; PLR 200244021 (Aug. 3, 2002). Excerpt: Corporation C is a State M not-for-profit corporation, that the Service determined to be exempt from tax as a business league described in section 501(c)(6) of the Code in a letter dated July 14, 1998. Corporation C is essentially a joint venture between the public and private sectors and is intended to create products and services that benefit * * *, the * * * and consumers.

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