Non-Profit Organizations

Board of Directors – Nonprofits

S.2138 (Sen. Kruger) – would amend the not-for-profit law in relation to the duty of directors and available relief for breach thereof (2009/2010 Legislative Sessions)

• Report in support of legislation with suggested modification by the Committee on Non-Profit Organizations, October 2009.

Non-Profit Revitalization Act

S.7431 (Sen. Marecellino) - enacts the "Non-Profit Revitalization Act"; relates to the reform of charitable organizations. Attorney General Program Bill.

• Letter to the Charities Bureau of the Office of the Attorney General providing initial comments on the Attorney General’s Program Bill, the Non-Profit Revitalization Act, which would simplify and modernize aspects of New York’s Not-for-Profit Corporation Law, September 21, 2012.

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Type C nonprofit corporation

S.3698 (Sen. Perkins)– would amend the not-for-profit corporation law in relation to the classification of type C not-for-profit corporations (2009/2010 Legislative Sessions)

• Report in support of legislation by the Committee on Non-Profit Organizations, October 2009.

Uniform Prudent Management of Institutional Funds Act

A.7907-B (AM Bing) / S.4778-A (Sen. Krueger) - would provide prudent oversight and necessary flexibility for charitable endowments by establishing important standards to govern their management and investment through the enactment in New York State of the Uniform Prudent Management of Institutional Funds Act (UPMIFA). (2009/2010 Legislative Sessions)

• Report requesting legislation by the Committee on Non-Profit Organizations, April 2009.
• Signed by Governor, Chp. 490 - September 17, 2010