Corporate
Apr. 15, 2017
Suspended nonprofits may be caught off guard by order
Last month, the California secretary of state posted a list of approximately 5,000 suspended or forfeited nonprofit corporations that could be automatically dissolved. By Steven Chiodini
On March 1, the California secretary of state, in coordination with the Franchise Tax Board, posted a list of approximately 5,000 suspended or forfeited nonprofit corporations that will be automatically dissolved or surrendered at the end of 60 days if they do not correct their delinquencies or file an objection with these agencies within that time. The list includes both California-formed nonprofit corporations, which would be ...
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