Signed into law in 2013, the New York Non-Profit Revitalization Act is designed to reform the statutory requirements for governance of nonprofit organizations (both not-for-profit corporations and wholly charitable trusts), expand the Attorney General’s enforcement powers, and modernize and clarify some of the more mechanical and procedural New York rules applicable to not-for-profit corporations. Most provisions took effect on July 1, 2014. Amendments took effect on December 11, 2015 and are reflected in this summary.

Click here for an Overview of Applicability. Click here for a Summary of the Act’s Governance Requirements.

Click here for a Summary of the Act’s Financial Reporting Rules for Organizations Required to Register to Conduct Charitable Solicitations.

Click here for Highlights of the Act’s Update of the Not-for-Profit Corporation Law and Expansion of the Attorney General’s Enforcement Powers.

The Attorney General press release and summary can be viewed by clicking here.