Inure

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Related to inurement: enurement

Inure

To cause or to result in. The word is most commonly used in legal documents, such as wills.
References in periodicals archive ?
Commissioner (103) exemplifies the confusion that can result from the inconsistent application of the private inurement and private benefit doctrines.
has developed a two-part test for determining compliance with private inurement prohibition.
Though the private inurement issue was addressed by Congress, Owens said the UCC case never moved the issue of private benefit forward.
When planning a new program, include an inurement analysis.
Other legal areas that may be implicated include private inurement, private benefit, and the intermediate sanctions penalties.
Finally, on July 30, 1996, Congress enacted "intermediate sanctions" legislation which became effective September 13, 1995, and penalizes individuals who benefit from private inurement violations.
Accordingly, for a tax-exempt IDS, it is essential that the incentives be aligned to achieve business goals to avoid private inurement concerns.
Chapter Five: Private Benefit, Private Inurement, and Excess Benefit Transactions.
This article provides an overview of the law of inurement and intermediate sanctions.
These considerations are even more important for organizations subject to the prohibitions on private benefit, excess benefit, and private inurement.
Prior to 1996, the IRS could enforce the prohibition against private inurement only through the revocation of an entity's tax-exempt status.