42 U.S.C. § 9802
“Community development corporation” defined
- Code
- United States Code
- Title
- 42
- Section
- 9802
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 9802. “Community development corporation” defined
For purposes of this subchapter, the term “community development corporation” means a nonprofit organization responsible to residents of the area it serves which is receiving financial assistance under part A and any organization more than 50 percent of which is owned by such an organization, or otherwise controlled by such an organization, or designated by such an organization for the purpose of this subchapter.
(Pub. L. 97–35, title VI, § 613, Aug. 13, 1981, 95 Stat. 489.)
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.