D.C. Nonprofit Corporation Law Changes for 2012

Morgan Lewis
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Beginning January 1, 2012, nonprofit corporations formed in the District of Columbia will be subject to a revised District of Columbia Nonprofit Corporation Act (Act) that provides new requirements, modifies certain default rules, and clarifies many aspects of the law with respect to the governance of nonprofit corporations. D.C. nonprofits are encouraged to review their governing documents to confirm whether changes are necessary to comply with the Act or to take advantage of revised provisions of the Act.

Specific actions that D.C. nonprofits should consider in response to the revisions include the following...

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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