10 Need-to-Knows About Changes to DC's Nonprofit Corporation Act

10 Need-to-Knows About Changes to DC's Nonprofit Corporation Act

By: Janice Ryan and Kristalyn J. Loson

An updated District of Columbia Nonprofit Corporation Act went into effect in 2012. Here is a guide to some of the changes regarding records, leadership, board structure, meetings, and more.

On January 1, 2012, the District of Columbia Nonprofit Corporation Act of 2010 (the "New Act") went into effect. As a general rule, the New Act provides nonprofit corporations in Washington, DC, with considerable flexibility to structure their corporate governance and for the most part will not require changes to day-to-day operations. ...