By NEO Law Group
QUESTION: Can a charitable organization subject to the Nonprofit Integrity Act’s requirement of an audit committee include on such committee its CEO or CFO? ANSWER: It depends (sorry about this standard lawyer’s response, but read on). California Government Code section 12586(e)(2) provides that “the member or members of the...
The Online Privacy Protection Act of 2003 (codified in Cal. Bus. Code Secs. 22575-22579), made operative as of July 1, 2004 (and amended in 2013), requires an owner of a commercial website or online service (“operator”) that collects personally identifiable information through the internet about individual California resident consumers...
AB 839 (Alberto Torrico, D., Fremont) Gaming Control Act: nonprofit organization fundraisers. This bill, introduced on February 18, 2005, permits a nonprofit organization to conduct fundraisers with non-cash donated prizes no more than two times a year using controlled games – such as Texas Hold ‘Em poker – as...
The following is a list of key provisions identified by the Office of the Attorney General: 1. Charitable organizations have 30 days, instead of six months, to register and file articles of incorporation with the Attorney General’s Registry of Charitable Trusts. 2. Independent audit of annual financial statements now...