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Course Number: LAW 735

Course Credits: 2

This course examines major legal issues under federal and state law related to private nonprofit organizations. Among the issues addressed are nonprofits’ scope, rationale and role in contemporary society; tax issues including the rationale and eligibility for exemption, restrictions on lobbying and political activity, and the unrelated business income tax; regulation of fundraising; state and federal supervision; competition between nonprofit and for-profit entities; compensation; the legal responsibilities of directors and officers; legal issues between members; and the misuse of the nonprofit form. There will be a final examination.