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Expert Analysis

Directors And Officers: Take Heed Of New DC Nonprofit Law

Law360, New York (April 10, 2014, 12:43 PM EDT) -- As part of an effort to update District of Columbia law and make the district more business friendly, the city council passed amendments to the D.C. Business Code, including the Nonprofit Corporation Act of 2010. This new act changed the board, governance, reporting and recording requirements for D.C. nonprofit corporations, codified the standards applied to director and officer conduct, and set indemnification guidelines....

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