43-1202. Feeder organizations not exempt from
tax


An organization operated for the primary purpose of carrying on a trade or business
for profit shall not be exempt under any provision of this chapter on the ground that all
of its profits are payable to one or more organizations exempt under this section from
taxation. For the purposes of this section, the term "trade or business" shall not
include the rental by an organization of its real property, including personal property
leased with the real property.