Signed into law in the final week of last year, the New York Non-Profit Revitalization Act of 2013 is designed to reform the statutory requirements for governance of nonprofit organizations (both not-for-profit corporations and wholly charitable trusts), expand the Attorney General's enforcement powers, and modernize and clarify some of the more mechanical and procedural New York rules applicable to not-for-profit corporations. Most provisions will take effect on July 1, 2014.
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