Reform of the Law Relating to Unincorporated Nonprofit Associations

Reform of the Law Relating to Unincorporated Nonprofit Associations

Author: Kevin Zakreski

Publisher:

Published: 2009

Total Pages: 0

ISBN-13:

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There are three primary modes of collective nonprofit activity: the nonprofit corporation; the charitable trust; and the unincorporated nonprofit association. The residual or default mode is the unincorporated nonprofit association. Whenever people band together and agree to pursue common nonprofit purposes and they do not take the steps required to incorporate or to create a charitable trust, they form an unincorporated nonprofit association. Unlike the coherent bodies of law that govern nonprofit corporations and charitable trusts, the law applicable to unincorporated nonprofit associations in common-law Canada is a hodgepodge of rules that are not well known and not well adapted to contemporary social needs. It is a body of law that is ripe for reform. This comment reviews both the law of unincorporated nonprofit associations and the recent efforts to reform this area of the law. It begins by setting out some background information on the types of unincorporated nonprofit associations, the number active in Canada, and their typical activities. Then, it briefly explores the development of the law applicable to unincorporated nonprofit associations in the nineteenth century and examines how this body of law has led to a number of problems in connection with selected legal issues. The comment concludes by noting several law reform projects in Canada and elsewhere, with a special emphasis on the ongoing project to create a harmonized legal framework for unincorporated nonprofit associations in North America, which is being carried out jointly by the Uniform Law Conference of Canada, the National Conference of Commissioners on Uniform State Laws, and the Mexican Conference of Commissioners on Uniform State Laws.


Guide to Nonprofit Corporate Governance in the Wake of Sarbanes-Oxley

Guide to Nonprofit Corporate Governance in the Wake of Sarbanes-Oxley

Author: ABA Coordinating Committee on Nonprofit Governance

Publisher: American Bar Association

Published: 2005

Total Pages: 66

ISBN-13: 9781590315675

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Written for directors of nonprofit organizations and practitioners, this guidebook provides a complete overview of the major reforms enacted or triggered by the Sarbanes-Oxley Act, including governance reforms promulgated by the SEC and the Stock Exchanges.


A Corporate Form Of Freedom

A Corporate Form Of Freedom

Author: Norman Silber

Publisher: Routledge

Published: 2018-03-08

Total Pages: 282

ISBN-13: 042998233X

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A Corporate Form of Freedom explores how courts and legislatures have decided which nonprofit groups can pursue their missions as corporations. For many years it was a privilege to hold a nonprofit charter. This view changed during the 1950s and 1960s. A new generation contended that legal theory, racial justice, and democratic values demanded that the nonprofit corporate form be available to all groups as a matter of right. As a result, nonprofit corporate status became America's corporate form for free expression. The new perspective did more than enlarge public discourse, however. It also reduced official authority to supervise or otherwise hold nonprofit organizations accountable for their activities. Norman I. Silber examines how the nonprofit world was transformed -- a transformation which refashioned political and social discourse, altered the economy, and created many of the difficulties the nonprofit sector faces today.


Model Nonprofit Corporation Act

Model Nonprofit Corporation Act

Author: William H. Clark (Jr.)

Publisher: American Bar Association

Published: 2009

Total Pages: 732

ISBN-13:

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The Model Nonprofit Corporation Act, Third Edition contains all amendments to the text of the Model Act and Official Comments Adopted August 2008. The original MNCA was prepared by the Committee on Corporate Laws in 1952 and has evolved. The Model Nonprofit Corporation Act, Third Edition follows the Model Business Corporation Act provisions to the extent possible, distinguishing nonprofit corporations from profit corporations, eliminates the classification scheme included in the Revised MNCA, and makes the provisions pertaining to the role of the attorney general with a suggestion to adopting states that provisions regarding the supervision of nonprofit organizations would be located in a different place in the state's statutory scheme. Other significant changes involve fundamental transactions, the use of alternative governance arrangements, and the elimination of cumulative voting.