California – Legislation effective January 1 amends the nonprofit corporation law

California – Legislation effective January 1 amends the nonprofit corporation law

November 21, 2014

Assembly Bill 2755 (Chapter 914) signed by the governor September 30 and effective January 1, 2015 amends the nonprofit corporation law to clarify the meaning of “director” does not include a person who does not have authority to vote as a member of the governing body.