Mission-driven nonprofit organization

Mission-driven nonprofit organization means an organization described in section 501(3) of the Internal Revenue Code of 1986 (26 U.S.C. 501(c)(3)) and exempt from taxation under section 501(a) of the Internal Revenue Code that benefits or serves primarily low- or moderate-income individuals or communities, small businesses, or small farms.

Source

12 CFR § 228.12

---

Scoping language

For purposes of this part, the following definitions apply:

---

Is this correct? or