Community associations are nonprofit corporations, governed by the North Carolina Nonprofit Corporation Act. The law provides that nonprofit corporations, including community associations, must "act" ...

Nonprofit executives are contending with many disruptive forces this year, from federal funding cuts and economic upheaval to artificial intelligence and more. During uncertain times, leaders often ...

In this refresh of episode three, Cynthia Rowland covers the general principles of state law rules that address corporate governance. Under state law, the business and affairs of a nonprofit ...

The board of directors plays a pivotal role in ensuring the success and longevity of an organization. More than just attending meetings, a well-functioning board is deeply involved in shaping the ...

The success of any organization is often determined by the effectiveness of its leadership, and at the heart of this leadership is the board of directors. Board members play an instrumental role in ...

Company boards must understand the role of director qualifications in satisfying the duty of oversight and the expectations of regulators and institutional investors. To withstand stakeholder scrutiny ...

A recent New York State hospital transaction highlights the challenging problem which the Board of Directors of a not-for-profit institution faces in the context of a sales transaction.1 In Manhatten ...