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December 1-15, 2005

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December 1-15, 2005

December 1-15, 2005

Director Loses Suit Against Other Directors For Fraud, Conflict, Breach of Fiduciary Duty 
Court gives textbook answers to uphold conduct under business judgment rule and statutory provisions

Of Terrorism to Get Terrorist Penalty
Government seeks longer sentence for charity head who pled guilty to providing support for Chechnyans

Watchdog Group Can’t Force FEC To Value Contribution of Mailing List
FEC had ruled that contribution to political campaign constituted reportable in-kind campaign contribution

State Laws Restricting Phone Solicitors For Nonprofits Are Upheld by Courts
Limitations of Utah, North Dakota statutes survive scrutiny by state, federal courts

Behind the Numbers
Your Chart-of-Accounts: The Key to Meeting Competing Needs For Financial Information

Issues Notes
Don’t forget our Search capacity
Thursday with the Editor, December 29, 2005

To the Point

  • Did you ever hear of a law that says a 501(c)(3) organization cannot conduct an auction of any kind?
  • Can a husband and wife be members of the board of directors? And can a member of the Board be a paid employee of the corporation?

Lessons from Litigation

  • Nonprofit’s insurance doesn’t provide coverage

Tax Matters

  • Tax protester can’t stop summonses

Employment Law

  • Legion Post ordered to pay for harassment by bar patrons

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