On November 21, 2022, Governor Hochul signed A9969/S9047 (the “Act”) into law, effective immediately. The Act amends the New York Not-for-Profit Corporation Law to modernize provisions for electronic voting by unanimous consent, to better address the term length of directors elected to fill vacancies, and to state even more explicitly that directors who leave a
tax exempt
Boards & Bylaws: Mission and Board Role (2nd in a series of 8)
Join Carter Ledyard and management consultants Plan A Advisors on a lively exploration of nonprofit boards and bylaws. This multi-part series will help nonprofit executives and board members consider revisions and amendments to make your bylaws more congruent with the way your nonprofit actually operates, improve governance, and ensure compliance with current law.
This series…
Carter Ledyard and Plan A Advisors Publish Series Exploring Boards and Bylaws for Nonprofit Organizations
Carter Ledyard and management consultants Plan A Advisors have launched a series of insights for nonprofit boards and bylaws. The first in this multi-part series aiming to help nonprofit executives and board members is an overview on how to consider revisions and amendments to make bylaws more congruent with the way the nonprofit actually operates,…
Nonprofits in NYC Required to Include Good Faith Salary Range in All Job Postings
NYC Salary Transparency Law (City Council Local Law 32), which took effect on November 1, 2022, requires businesses (including nonprofits) in NYC to include a “good faith” salary range in all job postings. The purpose of the law is to promote pay equity. Carter Ledyard’s Employment Group summarizes the key provisions of the law here…