AMERICAN BAR ASSOCIATION
Model Nonprofit Corporation Act - 4th
Nonprofit Organizations
American Bar Association Casebook Series

All books · 4th Edition

Model Nonprofit Corporation Act - 4th Edition - Nonprofit Organizations

by Nonprofit Organizations

ISBN
9781639051021
Publisher
American Bar Association
Edition
4th Edition
Condition
$115.99 one-time purchase · 15% restocking fee on returns

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Model Nonprofit Corporation Act 4th Edition Nonprofit Organizations ISBN 9781639051021

The Model Nonprofit Corporation Act (MNCA), Fourth Edition builds on decades of guidance for nonprofit governance, originally approved by the ABA Business Law Section Corporate Laws Committee in 1952 and continuously updated by the Nonprofit Organizations Committee. The MNCA serves as a model set of statutes for state legislatures to adopt, providing a comprehensive legal framework for nonprofit corporations.

This Fourth Edition incorporates significant updates, aligning with the revised provisions and official comments of the 2016 Model Business Corporation Act, while introducing new provisions such as:

  • The ability to renounce corporate opportunities in advance.

  • Procedures to ratify defective corporate actions and records.

  • The validity of forum selection bylaws.

While introducing these new provisions, the Fourth Edition maintains continuity with prior versions and preserves the substantive approach of the Third Edition.

Designed to accommodate the wide variety of nonprofit organizations—from large hospital systems and human services nonprofits to country clubs and countless other entities—the MNCA balances statutory guidance with operational flexibility. It provides nonprofit corporations with the tools to structure and govern themselves in ways that maximize efficiency, effectiveness, and adaptability to their unique missions and circumstances.

This edition remains an essential resource for legal practitioners, nonprofit boards, and policymakers seeking a flexible yet authoritative framework for nonprofit governance.

Model Nonprofit Corporation Act 4th Edition Nonprofit Organizations ISBN 9781639051021, 978--1639051021 & 978-16390-51021

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