Nonprofit Law provides lawyers who represent nonprofit organizations with basic information and guidance on legal issues that commonly arise for nonprofits. It provides an overview of the law with regard to particular issues with limited statutory and regulatory citations. This resource covers the formation, tax, governance, and documentation, as well as other areas including mergers and sale of assets of nonprofits, and dissolution of nonprofits. For lawyers who need a quick reference, Nonprofit Law: Reviews some basic questions an attorney should ask a client when advising on nonprofit issues, whether the attorney is asked to help form a new nonprofit corporation or advise on some other nonprofit matter Addresses issues relating to formation and describes important documents that are part of the formation process, including articles of incorporation and bylaws Discusses taxation issues with a focus on the types of federal tax exemptions that are available under the Internal Revenue Code Addresses governance matters and describes the individuals involved in the governance of a nonprofit corporation as well as the fiduciary duties imposed on the board of directors Focuses on other matters that often arise in representation of a nonprofit and includes discussion on subsidiaries of nonprofits, the merger, sale of assets and other entity combinations involving nonprofits, and dissolution of nonprofits And much more! The appendices include a checklist for articles of incorporation and bylaws, a list of tax exemptions under the Internal Revenue Code, as well as resource materials that can provide more detailed information on the subject matter.

About the Author
Willard L. Boyd III is a shareholder with the Des Moines law firm of Nyemaster Goode, P.C., where he practices in the firm's business, corporate, and banking department. Bill's practice involves the representation of various types of business organizations, including nonprofit organizations, health care organizations and financial services organizations. He is a past chair of the Nonprofit Organizations Committee and the State and Local Bar Relations Committee of the ABA Business Law Section. Bill also is active in the Iowa State Bar Association and chaired the committee that drafted Iowa's current nonprofit corporation statute. Bill is the co-editor of Guidebook for Directors of Nonprofit Corporations (ABA 2012). He is the editor of Nonprofit Law: A Practical Guide to Legal Issues to Nonprofit Organizations (ABA 2017). He received his B.A. from the University of Michigan and his J.D. from the University of Iowa College of Law.


Book Information
ISBN 9781634259491
Author William L. Boyd
Format Paperback
Page Count 160
Imprint American Bar Association
Publisher American Bar Association