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In determining whether an organization is exempt from registration under AS 45.68.120 (a)(3), the organization may exclude the following:
(1) receipts from membership dues if the organization restricts membership to persons engaged in particular vocation or trade; and
(2) money received in the form of a grant from an agency of a municipal, state or federal government.
History: Eff. 3/19/94, Register 129
Authority: AS 45.68.120
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Last modified 7/05/2006