Arizona § 43-1202 - Feeder organizations not exempt from tax; definition
Full text of Arizona Arizona Revised Statutes § 43-1202 — Feeder organizations not exempt from tax; definition, with citation guidance and answers to common questions.
§ 43-1202. Feeder organizations not exempt from tax; definition
A. An organization that is operated for the primary purpose of carrying on a trade or business for profit is not exempt under any provision of this chapter on the ground that all of its profits are payable to one or more organizations exempt under this section from taxation.
B. For the purposes of this section, "trade or business" has the same meaning prescribed in section 502 of the internal revenue code and regulations adopted pursuant to that section.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 43-1202
What does Arizona Revised Statutes § 43-1202 cover?
Section 43-1202 ("Feeder organizations not exempt from tax; definition") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 43-1202?
A common citation format is "Arizona Revised Statutes § 43-1202" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 43-1202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.