Legal Question in Business Law in Massachusetts
Private enurement
What exactly is private enurement?
1 Answer from Attorneys
Re: Private enurement
I don't know!!! Where did you hear it from? In what context? Reply directly to me at [email protected]
You might mean "private inurement." As a general rule, say, a charitable donation may not legally end up going to ("inure to the benefit of") an insider of the charity.
Example: Harvard Community Health Plan wanted to be called
a charity to avoid property tax in Cambridge. But one court that ruled on the case said:
This prohibition against inurement to
"insiders" will preclude exemption for the property of a group medical practice
or clinic where, for example, the physicians "employed" by it serve on its board
or otherwise exert control over its finances.
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