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17: 44B-12. Establishment of not-for- profit institutions 17: 44B-12. Establishment of not-for- profit institutions 12. a. A society may create, maintain and operate, or may establish organizations to operate, not-for- profit institutions to further the purposes permitted by paragraph (2) of subsection a. of section 5 of this act. These institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall...
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