Nonprofit Organizations Law and Policy Third Edition - Libraries ...

SUMMARY OF CONTENTS
PREFACE ------------------------ - ------ ----- - - ----- - - - - --- - ------- ______________________________ _
TABLE OF CASES ----------------------------------------------------------_ ----- ---- ______ - ____ _
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Chapter 1. Overview of the Nonprofit Sector --------------------- 0------- 1
I. Nature of a Nonprofit Organization ------------------------------------------- 1
IIo Organizational Structure of a Nonprofit Organization __________ _______ 27
Ao Trust--------- -------------------- ------------------------ -- ------------------------- 27
B. Association ------------------------------------------------------------------------ 29
C. Nonprofit Corporation -------------------------------------------------------- 30
III. Nongovernmental Organization (NGO)--------------------------------------- 50
IV. Foreign Nonprofit Organizations and Philanthropy Abroad ----------- 51
A. Synopsis of French Law on Non-Profit Organizations ------------- 52
B. Synopsis ofItalian Law on Nonprofit Organizations---------------- 57
Chapter 2. The Nonprofit Corporation --------------------------------------- 66
I. Nature of a Nonprofit Corporation--------------------------------------------- 66
II. Creation of a Nonprofit Corporation------------------------------------------- 69
A. Articles of Incorporation ----------------------------------------------------- 70
B. Bylaws------------------------------------------------ ______________________ _ 0 0 - __ 0 71
C. Authorization to Conduct Affairs in Another State ----------------- 71
D. Obtaining Tax-Exempt Status --------------------------------------------- 71
III. Directors -______ ------------ ------ ------ ------- ------------------------------------------ 71
A. Management of a Nonprofit Corporation ------------------------------- 71
B. Meetings of Directors---------------------------------------------------------- 76
C. Removal of Directors -------------------------------------------------------- 77
IV. Members --------------------------- ------ --------------- ------ ---- ---------------- ----- 81
A. Rights of Members ------------- . ---------------------------------------------- 84
B. Meetings --------------------------------------------------------------------------- 89
C. Removal of Members ---------------------------------------------------------- 89
D. Members' Derivative Actions ----------------------------------------------- 97
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Chapter 3. Governance of a Nonprofit Organization ------------------ 98
I. State Standards of Conduct------------------------------------------------------- 98
A. Fiduciary Obligations --------------------------------------------------------- 99
B. Indemnification of Directors ----------------------------------------------- 122
C. Disposition of Assets upon Dissolution ------------------- 0-------0------ 127
D. Enforcement of Fiduciary Obligations ------------------------ 133
E. Volunteer Immunity from Liability-------------------------.------------- 154
II. Federal Standards of Conduct --------------------------------------------------- 155
A. Self-Dealing -----------------------------------------. ---- ----------------------- 155
B. Excess Benefits Transactions ------------ ---0 -. 0 - - - - - -------------- 161
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