January 25, 2012
The 2010 Nonprofit Corporation Act has the potential to affect many tax-exempt organizations in the District of Columbia. While these changes do not have direct auditing/tax implications, the law may significantly impact an organization’s legal structure and governance. Accordingly, we have provided website links to analyses of the Act by four local law firms. Please contact your legal counsel if you need additional information.
Venable LLC –The New D.C. Nonprofit Corporation Act Takes Effect on Jan. 1, 2012: Everything You Need to Know to Comply
Morgan Lewis – D.C. Nonprofit Corporation Law Changes for 2012
Harmon, Curran, Spielberg + Eisenberg – New D.C. Nonprofit Code as of January 1, 2012
Arent Fox – Analysis of the New D.C. Nonprofit Corporation Act
This article was originally posted on January 25, 2012 and the information may no longer be current. For questions, please contact GRF CPAs & Advisors at firstname.lastname@example.org.