Section 420-F:15 Not-for-Profit-Status. - New Hampshire Statutes

Delta is not organized and shall not be maintained or operated for private profit or benefit. The income or property of Delta from whatever source derived shall be applied solely toward the promotion of the purposes of Delta and no portion of such income or property shall be transferred to or inure to the profit or benefit of any provider, officer, director or employee of Delta or any individual, provided that nothing in this section shall prevent the payment in good faith of reasonable remuneration to any officer, director or employee of Delta, or to any other person, or to any participating dentist who has entered into contracts with Delta to furnish dental care, for any services rendered to Delta or to individuals pursuant to contracts with Delta for dental care.

Source. 1992, 252:1, eff. Jan. 1, 1993.