An appellate court in California held that a director of a California nonprofit public benefit corporation who had standing to sue the corporation and sue another director for self-dealing did not lose standing after she was removed. In Summers v. Colette, 2019 Cal. App. LEXIS 347, the court differentiated...
California Assembly Bill 1338, introduced by Assembly Member Jacqui Irwin (D) on February 22, 2019, adds a requirement to meet the definition of a community foundation for the purpose of a Chapter of the Planning and Zoning Law regarding agency authorization of special entities, including community foundations, to hold...
California Assembly Bill 1539 (AB 1539), introduced by Assembly Member Jacqui Irwin (D) on February 22, 2019, provides for new laws governing crowdfunding without actually referencing crowdfunding as a defined term. It is the successor to Irwin’s earlier bill, AB 2556, which defined the terms charitable crowdfunding solicitation and...
California Assembly Bill 1712, introduced by Assembly Member Buffy Wicks (D-Oakland) on February 22, 2019, expresses “the intent of the Legislature to enact legislation that would relate to donor advised funds for the purpose of improving transparency and accountability through annual reporting requirements, promoting best practices, and requiring minimum...
The Office of the Attorney General (“AG”), Department of Justice (“DOJ”) of the State of California is proposing to amend certain regulations and Forms that will affect charities subject to registration in California. The Notice of Amendments to Regulations and related documents can be found here. We wrote about proposed...
The Office of the Attorney General, Department of Justice (“DOJ”) of the State of California is proposing to amend certain regulations and Forms that will affect charities subject to registration in California. The Notice of Amendments to Regulations and related documents can be found here. We wrote about proposed changes...
The Office of the Attorney General, Department of Justice (“DOJ”) of the State of California is proposing to amend certain regulations and Forms that will affect charities subject to registration in California. The Notice of Amendments to Regulations and related documents can be found here. Any interested person, or...
The California Office of the Attorney General is streaming a live webinar on Tuesday, October 30, 2018, to assist charitable organizations that are delinquent in their registration with the Attorney General’s Registry of Charitable Trusts. Join the Attorney General Charitable Trust Section for a live webinar to learn more about...
Many nonprofits use the term “ex officio director” (or “ex officio board member”) without a clear understanding of what the term means and how to properly incorporate one or more ex officio directors in their governance structures. Definitions The term director refers to an individual serving as a voting...
2018 has seen several developments regarding the required disclosures of donors by nonprofits. Disclosures of Donors – Charitable Organizations On September 11, 2018, a three-judge panel of the United States Court of Appeals for the Ninth Circuit upheld the right of the California Attorney General (AG) to require from reporting...