non-profit elementary or secondary school

The term “non-profit elementary or secondary school” means any elementary school or secondary school (as defined in section 7801 of title 20 ) owned and operated by one or more nonprofit corporations or associations no part of the net earnings of which inures, or may lawfully inure, to the benefit of any private shareholder or individual.

Source

15 USC § 2642(9)


Scoping language

For purposes of this subchapter
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