Reporters: Jill R. Horwitz, Marion R. Fremont-Smith ; Associate Reporter: Nancy A. McLaughlin--Page vii. Includes bibliographical references and index.
Contents:
Reporters' preface -- Definition and choice of form -- Governance and management of assets -- Changes to purposes and organization -- Restrictions on assets; pledges; solicitation -- Government regulation of charities -- Standing of private parties -- Parallel table of Restatement section numbers and of Tentative draft section numbers.
Summary:
"This work is ALI's first project restating the law of charities. This area of the law implicates many subjects, including the laws of trusts, corporations, property, and state and federal constitutions. Although some of our projects, most notably the Restatements of Trusts, include Sections that address charities or mention nonprofits generally, none addresses the topic in a comprehensive manner. To the extent possible, this Restatement sets forth a single law for charities regardless of whether they are corporations, unincorporated associations, or charitable trusts, or whether they take some other legal form that a charity may adopt. The importance of the charitable sector to the U.S. economy, the civic life of its residents, and the aspirations of its people make it critically important to provide comprehensive legal guidance to the people who donate to, benefit from, govern, and regulate charities"--Publisher's website.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.