An organization described in Code section 501(c)(3) or 501(c)(4) may be exempt from tax only if no substantial part of its activities consist of provid­ing commercial-type insurance.

Additional Resources:

• Insurance: The Rule of '86, 1997 EO CPE Text, Topic N
• Federal Tax Exemption of Prepaid Health Care Plans After IRC 501(m), 1992 EO CPE Text, Topic L

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