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In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
The predecessor to UPMIFA, called the Uniform Management of Institutional Funds Act (UMIFA), was approved by the National Conference of Commissioners on Uniform State Laws (NCCUSL) in 1972 and was enacted by 47 states. Under UMIFA a charity could spend from an endowment fund up to the amount of appreciation above the historic dollar value (HDV ...
Senate Bill 4 would let religious groups and nonprofit colleges build homes on excess land, but lawmakers will need to make a deal with unions on the proposal.
The California Codes are 29 legal codes enacted by the California State Legislature, which, alongside uncodified acts, form the general statutory law of California. The official codes are maintained by the California Office of Legislative Counsel for the legislature.
State agencies promulgate regulations with the California Regulatory Notice Register, which are in turn codified in the California Code of Regulations. California's legal system is based on common law, which is interpreted by case law through the decisions of the Supreme Court of California, California Courts of Appeal, and Appellate Divisions ...
An urban farming program in California is providing a fresh take on front yards to help feed people in its community. Crop Swap LA is a nonprofit that transforms people's yards into produce ...
Housing: California Housing Partnership, California Coalition for Rural Housing, Housing California, Non-Profit Housing Association of Northern California, Southern California Association of Nonprofit Housing; Senior advocates: California Alliance for Retired Americans, California Retired Teachers Association, Senior and Disability Action
In Israel nonprofit organizations (NPOs) and non-governmental organizations (NGOs) are usually established as registered nonprofit associations (Hebrew: עמותה, amutah; plural: עמותות, amutot) or public benefit companies (Hebrew: חברה לתועלת הציבור, Chevrah LeTo’elet Hatzibur or חל”צ, Chalatz, not to be confused ...
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