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11. ARTICLES OF INCORPORATION
Documentation filed with a state Secretary of State's office
that formally establishes a community association as a
legal entity. Paperwork includes general information about
a corporation and its purpose.
12. NONPROFIT ORGANIZATION
A nonprofit organization, also known as a not-for-profit
organization, is a legal entity organized and operated for a
collective public or social benefit as opposed to an entity
that operates as a business and aims to generate profit for
its owners. An HOA is a nonprofit organization set up to
help run, manage, and maintain a neighborhood, building, or
another collective of homes.