Search results with tag "Nonprofit revitalization"
Key Features of The New York Nonprofit …
nycon.orgNYCON: Key Features of the Nonprofit Revitalization Act (2017 Update) 1 INTRODUCTION In December 2014, New York’s Nonprofit Revitalization Act (NPRA) was signed into law.
State laws for charitable organizations New York
independentsector.orgThe Nonprofit Revitalization Act of 2013 provides that no committee of the corporation and, therefore, only a committee of the board, shall have the authority to bind the board. In other words, a committee of "others" cannot be vested with the power to bind the corporation. Consequently, if the nonprofit cannot assemble a
Religious Corporations: Sales and other Disposition of Assets
www.charitiesnys.comand the N-PCL that were included in the Nonprofit Revitalization Act of 2013 ("the Act" or “NPRA”) and 2015 and 2016 amendments to NPRA. Those amendments changed procedures to be followed when transferring or mortgaging real property and gave religious corporations the option of submitting a petition to