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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.
Although the board voted not to appeal, the attorney general’s office, which represents the state, filed a notice of appeal to the Fifth District Court of Appeals, based in Canton. [10] The appeals court’s 2-1 decision, handed down on August 30, 1995, held that a previous ruling by the state supreme court permitted disparities in education ...
Several statutes, mostly codified in Title 18 of the United States Code, provide for federal prosecution of public corruption in the United States.Federal prosecutions of public corruption under the Hobbs Act (enacted 1934), the mail and wire fraud statutes (enacted 1872), including the honest services fraud provision, the Travel Act (enacted 1961), and the Racketeer Influenced and Corrupt ...
The federal government seeks over $1 million from Metcalf through federal forfeiture laws. Tindley Renaissance Academy was one of two schools the network consolidated with other schools amid ...
In Algeria, nonprofit organizations are regulated by Law No. 12-06 of 12 January 2012 on Associations. This law provides guidelines for the establishment, registration, and operation of nonprofit organizations. It sets out the requirements for formation, membership, governance, financial reporting, and dissolution of associations.
Mar. 5—A Massachusetts man was indicted in connection with defrauding a nonprofit health care provider by stealing money designated for reducing suicide rates among veterans, the U.S. Attorney ...
While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [3] An NFPO must be differentiated from a NPO as they are not formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not ...
Pages in category "Non-profit organizations based in Ohio" The following 45 pages are in this category, out of 45 total. ... Ohio Center for Law-Related Education;