Thursday, October 8, 2009
Professor Ira Mark Ellman (Arizona State University Law School) Posts "On Developing a Law of Nonprofit Corporations"
Professor Ira Mark Ellman of Arizona State University Law School has posted his draft article on California Nonprofit Corporation Law on SSRN's Nonprofit and Philanthropy Law Abstracting Journal. The article is entitled "On Developing a Law of Nonprofit Corporations." Here is the abstract:
This article considers the California Nonprofit Corporation Law. That law was seen to have broken important ground, and the author’s role as one of the two draftsman of the California approach informs his discussion. This article explains the evolution of the California Nonprofit Corporation Law, describes some of the basic issues considered in its drafting, and offers tentative suggestions for the future development of nonprofit laws. It concludes that the innovations in the California law are only the beginning and hopes that further development will continue.