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Nov 29, 2024
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LAW 2918 - Nonprofit Corporations
Not-for-profit corporations range from small, privately supported fraternal and political groups to large, publicly supported charities, research foundations, museums and hospitals. This course addresses elements of the corporate structure of not-for-profit organizations, with emphasis placed upon matters typically confronted by legal counsel to such organizations and also theoretical matters connected with not-for-profit corporation laws. These include problems connected with fund raising, maintaining corporate books, controlling the liability of officers and directors , understanding expenditure responsibilities and the limits of permissible not-for-profit activities, and meeting state and federal charter requirements. Basic tax considerations are explored as necessary. Students have the option of completing a paper or taking a final examination to satisfy the requirements of the course.
Credits: 2 or 3
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