Taxation Blog
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- Blog: Exempt Org Resource - Nonprofit Law BlogGovernor Gives Sole Members the BootPosted on January 7, 2019 by Tanvi Mirani, Megan E. Bell, Tomer J. InbarWe previously reported on A.B. 10336-A (Paulin) / S.B. 8699 (Gallivan) (the “Bill”), which would amend Section 601(a) of the New York Not-for-Profit Corporation Law to raise the minimum number of members of a not-for-profit membership corporation from one to three. The Bill was signed into law by Governor Cuomo on December 21, 2018. It [...]