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“New Year’s Resolutions” for New York Non-Profits: The New York Non-Profit Revitalization Act of 2013
7 January 2014
On December 18, 2013, New York’s Governor Andrew Cuomo signed into law the Non-Profit Revitalization Act of 2013 (the “Act”).
The Act has an effective date of July 1, 2014, and applies to all New York non-profit corporations (both charitable and non-charitable). Certain provisions also apply to New York charitable trusts, education corporations and religious corporations.
In this Client Update, we offer four New Year’s resolutions to help you plan and prepare for the coming changes for New York non-profit organizations.
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