Charitable Risk Pools Law and Legal Definition

According to 26 USCS § 501 (n), [Title 26. Internal Revenue Code; Subtitle A. Income Taxes; Chapter 1. Normal Taxes and Surtaxes; Subchapter F. Exempt Organizations; Part I. General Rule] the term charitable risk pools means:

"(1) In general. For purposes of this title--

(A) a qualified charitable risk pool shall be treated as an organization organized and operated exclusively for charitable purposes, and

(B) subsection (m) shall not apply to a qualified charitable risk pool.