As a mid-market business attorney, you may counsel not only business entities, but also nonprofit organizations with pro bono and fee-based services. Although nonprofits have additional considerations, your legal duties for both types of clients remain the same – to provide business counsel on standards of care, fiduciary duties, governance, formation, and day-to-day operational vulnerabilities. This basic course spotlights the legal governance landmines you need to know for your nonprofit and tax-exempt clients, and will also be the refresher you need for your work with for-profit corporate boards.
Sophisticated nonprofit and tax-exempt attorney who attend this course will benefit from this course’s analysis of how corporate law, related legal doctrines, and interpretations can influence nonprofit and tax-exempt representation strategies.
Get briefed on board of directors, governance, and related issues as they relate to, and differ between, private enterprises vs. nonprofit and tax-exempt organizations, addressing topics such as:
Fiduciary standards and standards of conduct
Delegation of board duties
Governance requirements (including committee and meeting protocol)
What happens when there is board conflict or an emergency (internal investigation, complaint, stolen funds, etc.?)
How to approach ‘interested party’ or affiliate transactions
Can fiduciary duties ever be waived?
Public benefit corporations