Benefits paid to employees of nonprofit organizations shall be financed in accordance with the provisions of this article.
HISTORY: 1962 Code Section 68-220; 1971 (57) 950; 2010 Act No. 234, Section 1, eff January 1, 2011.
Effect of Amendment
The 2010 amendment deleted the second sentence which read: "For the purpose of this section and Sections 41-31-670, a "nonprofit organization" is an organization (or group of organizations) described in Section 501 (c) (3) of the U.S. Internal Revenue Code which is exempt from income tax under Section 501 (a) of such Code."