Established national nonprofit industry-governed organizations.

Established national nonprofit industry-governed organizations means organizations which: (a) Are nonprofit organizations pursuant to sections 501(c) (3), (5) or (6) of the Internal Revenue Code (26 U.S.C. 501(c) (3), (5) and (6)); (b) Are governed by a board of directors representing the cattle or beef industry on a national basis; and (c) Have been active and ongoing for at least two years. [51 FR 26138, July 18, 1986, as amended at 77 FR 52599, Aug. 30, 2012]