By NEO Law Group
As a board member (director) of a California nonprofit public benefit corporation, you have certain rights of inspection that allow you to access and review the corporation’s books, records, documents, and physical properties. Section 6334 of the Nonprofit Public Benefit Corporation Law and Section 8334 of the Nonprofit Mutual...
You may sometimes hear the term “good standing” when asked about your nonprofit corporation and its status with one or more government agencies. What the term means varies depending on the context. And it’s received particular attention with AB 488, which went into effect on January 1, 2023. Here...
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. The state’s Department of Justice (DOJ) initially proposed regulations implementing AB 488 in May 2022, but following comments and feedback at a public hearing in July,...
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. While regulations to fully implement AB 488 have yet to be finalized, the Attorney General published a notice earlier today noting the key provisions that take...
CalNonprofits held its annual Policy Symposium on December 7, 2022. This year, the event was a half-day accelerated and virtual version featuring a keynote from CA Assembly Majority Leader Eloise Gómez Reyes. The theme this year was Our Moment for Action. California nonprofits are at a turning point. Over...
Nonprofits with compensated workers must respect applicable laws governing the distinction between employees and independent contractor. Getting it wrong can result in significant risk exposure to the organizations and even personal liability to board members. For example, nonprofits that misclassify workers as independent contractors may be responsible for unpaid...
Fiscal sponsors must respect laws related to protecting assets restricted to furthering the charitable purposes of specific projects . If funds intended for a particular internal (Model A) project are diverted and used for other purposes (e.g., the fiscal sponsor’s general operating expenses), there may be legal repercussions. This...
In 2021, California passed a new set of laws (referred to as AB 488) regulating charitable crowdfunding that go into effect on January 1, 2023. AB 488 makes changes to the Supervision of Trustees and Fundraisers for Charitable Purposes Act, which governs charitable corporations, unincorporated associations, trustees, commercial fundraisers,...
Consequences of Americans for Prosperity Foundation v. Bonta We are left to conclude that the Attorney General’s disclosure requirement imposes a widespread burden on donors’ associational rights. And this burden cannot be justified on the ground that the regime is narrowly tailored to investigating charitable wrongdoing, or that the...
The following message is from the Office of the Attorney General of the State of California: Updated Forms for 2022 Updated forms will be available for download by January 1, 2022 and will be required with any filings received by the Registry on or after January 1, 2022. Significant changes include...