{"data":{"id":"us/16-cfr-802.40","jurisdiction":"us","citation":"16 CFR 802.40","heading":"Exempt formation of corporations or unincorporated entities.","body":"The formation of an entity is exempt from the requirements of the Act if the entity will be not-for-profit within the meaning of sections 501(c)(1)-(4), (6)-(15), (17)-(20) or (d) of the Internal Revenue Code.","path":["Title 16—Commercial Practices","CHAPTER I—FEDERAL TRADE COMMISSION","SUBCHAPTER H—RULES, REGULATIONS, STATEMENTS AND INTERPRETATIONS UNDER THE HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976","PART 802—EXEMPTION RULES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-16.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:29Z","sha256":"c80a3fc4902bb2e0ac06b3f984d1e94ccaa2896031e08ecbdfe11e9fcda74eeb","source_id":"us-cfr","stale":true,"prev":"us/16-cfr-802.35","next":"us/16-cfr-802.41"},"notice":"GroundRules: Original legal text. Not legal advice."}