(1) "Crime stopper organization" means a private, nonprofit organization:
(a) Whose primary purposes are to accept donations for the payment of rewards to persons who provide information concerning criminal activity and to forward such information to appropriate law enforcement agencies;
(b) Is subject to the provisions of articles 121 to 137 of title 7, C.R.S.;
(c) Is held to be tax exempt by the United States internal revenue service; and
(d) Has complied with the requirements of section 16-15.7-103.
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