Monday, 21 July 2014

In New York City/state are nonprofit corporations required to abide by their constitution and bylaws?

Question

In New York City/state are nonprofit corporations required to abide by their constitution and bylaws?



Answer

Corporations are absolutely required to follow their bylaws unless the provisions in the bylaws are illegal or go against public policy.

Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.



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