Important Changes to New York Not-For-Profit Corporation LawMal L. Barasch
The New York Non-Profit Revitalization Act of 2013 (the “Act”) was signed into law December 18, 2013, and the bulk of its provisions will take effect July 1, 2014. As we reported inour previous alert on the subject, the goals of this legislative effort were to modernize the law and...
Prior to suspending its legislative session in June 2013, the New York State Assembly and Senate passed the "Nonprofit Revitalization Act of 2013" (the "Act"). Although the Act has not been enacted into law, we expect that it will be by (or soon after) the end of this year. This ...
Counsel on mergers, acquisitions and dissolutions of nonprofit organizations, and advise on procedures and processes. Counsel on special rules for dissolution and transfers of certain assets under the New York Not-for-Profit Corporation Law and the New York Religious Corporation Law. International Organ...
DAASNY is organized as a corporation under the New York State Not-For-Profit Corporation Law. Its membership comprises the district attorneys of New York’s 62 counties, the New York State Attorney General, the New York City Special Narcotics Prosecutor, and the New York State Justice Center ...
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The New Company Law allows the articles of association or the shareholders' meeting of a joint-stock company to authorize the board of directors to approve an issuance of new shares, not exceeding 50% of the issued share...