��������Ƶ

How is Voluntary Organization defined in a legal contract?

• Voluntary Organization means a body, not a public or local authority, carrying out activities not for profit. Seen in 3 SEC Filings
• Voluntary Organization means a group of people performing work freely given and not paid for. Seen in 1 SEC Filing

Please note the definition that includes reference to specific law acts (Voluntary Social Services Organization Act, No. 31 of 1980, and Voluntary Social Services Organization Act, No. 8 of 1998) will not be included due to the stated guidelines of omitting references to specific values (numbers in word or text form such as twelve or 12), as well as mentions of appendixes and schedules in the definitions.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

• Voluntary Organization means a group carrying out activities without seeking profit, not a public or a local authority.

Relevant Contract Types

• Non-Disclosure Agreement
• Partnership Agreement
• Service Agreement
• Project Agreement

Relevant Circumstances

• When a group of people are engaging in activities to provide services without pursuing profit
• When defining a non-profit entity in a contract

Relevant Sectors

• Non-Profit Sector
• Healthcare Sector

‍

Genie Definition 2

• Voluntary Organization means a group of people freely conducting unpaid work.

Relevant Contract Types

• Volunteer Agreement
• Non-Disclosure Agreement
• Memorandum of Understanding
• Service Agreement

Relevant Circumstances

• When defining a volunteer group in a contract
• When a group of people are freely offering their work without a paycheck

Relevant Sectors

• Non-Profit Sector
• Community Service Sector
• Education Sector

‍