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Boards Can’t Just Abandon an Insolvent Nonprofit
January 21, 2011
By Janet Kleinfelter - The Chronicle of Philanthropy, Blog, Watchdog
My office—the Tennessee attorney general’s charity unit—recently received a call from a judge. She was adjudicating a foreclosure that had advanced to the stage in which the debtor’s assets would soon be sold at auction. The judge was concerned because the debtor in this case was a nonprofit, and she realized that the parties had not involved our office in the foreclosure process. Read more >>
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The Chronicle Blogroll
Watchdog
Exploring how government regulates nonprofits
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