In 2014, Title 6.5, entitled “Protection of Charitable Assets,” was added to the Business Regulation Article of the Annotated Code of Maryland. This new law went into effect on June 1, 2014. The new title relates to “charitable assets” that are given, received or held for a “charitable...
By: Eileen Morgan Johnson
Take-away: Beginning January 1, 2015, a nonprofit organization that was incorporated in California will no longer be able to have ex officio directors who do not have voting rights.
By: John B. Gontrum
Recent decisions from trial and appellate courts have marked a major point in the evolution of importance of comprehensive plans to zoning decisions. Although there has always been a close relationship between comprehensive plans and development regulations, the relationship between...
By: Roberto M. Montesinos
The transition into the cold and dark of winter offers an excellent opportunity for community associations to analyze safety and security issues. In this article, we will examine some of the routine steps a community association can take in order to minimize the risk of crime and prevent injury in...
By: Jhumur Razzaque
By: Jennifer S. Jackman
Associations should exercise care when hiring new employees -- not only in selecting the right candidate but in avoiding questions that could create liability. This can be especially important when boards of directors, who typically include directors with little to no...
The current economic market of low interest rates has sparked a revival of securitization of risky assets. Traditionally, lenders secure loans with tangible assets; however, intellectual property assets are becoming increasingly popular with both lenders and borrowers as a means to close a...
By: Jeffrey C. Seaman
The purpose of this note is to summarize the significant differences between the criminal background check bill introduced in the Montgomery County Council in July (“Fair Criminal Record Screening Standards”) and the version of that bill that was passed into law by the Council on October 28, 2014...
Many people are pointing to 3D printing as the next big thing. This has led many others to point to intellectual property issues that will almost certainly become hot button questions in the near future. With the arrival of accessible 3D printing comes the capacity to alter business and effect...
By: Michael J. Grace
Michael Grace spoke about partnership reliance regulations in an article which appeared in Federal Tax Weekly: "...CCH Take Away. "Section 751(b) represents perhaps the least understood and most uncomplied with provision in all of Subchapter K," Michael J. Grace, JD, Whiteford, Taylor & Preston...