Model Nonprofit Corporation Act: Official Text with Official Comments and Statutory Cross-references Adopted August 2008 [Paperback]

Committee on Nonprofit Organizations (Author)

Book Description

Publication Date: November 15, 2009 | ISBN-10: 1604420596 | ISBN-13: 978-1604420593 | Edition: 3rd Edition

The Model Nonprofit Corporation Act, Third Edition contains all amendments to the text of the Model Act and Official Comments Adopted August 2008. The original MNCA was prepared by the Committee on Corporate Laws in 1952 and has evolved. The Model Nonprofit Corporation Act, Third Edition follows the Model Business Corporation Act provisions to the extent possible, distinguishing nonprofit corporations from profit corporations, eliminates the classification scheme included in the Revised MNCA, and makes the provisions pertaining to the role of the attorney general with a suggestion to adopting states that provisions regarding the supervision of nonprofit organizations would be located in a different place in the state's statutory scheme. Other significant changes involve fundamental transactions, the use of alternative governance arrangements, and the elimination of cumulative voting.

Product Details

• Paperback: 700 pages
• Publisher: American Bar Association; 3rd Edition edition (November 15, 2009)
• Language: English
• ISBN-10: 1604420596
• ISBN-13: 978-1604420593
• Product Dimensions: 8.9 x 6.1 x 1.6 inches
• Shipping Weight: 2.2 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #1,140,573 in Books (See Top 100 in Books)