### Question
What is the definition of nonprofit organization?


### Answer
The definition of **nonprofit organization** is as follows in *12 U.S.C. § 1710*:

> a private organization that—


(i) is organized under State or local laws

#### Citation:
  - *12 U.S.C. § 1710*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

