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Business Organizations Law

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Pace University

1985

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Full-Text Articles in Law

The Development Of Nonprofit Corporation Law And An Agenda For Reform, James J. Fishman Jan 1985

The Development Of Nonprofit Corporation Law And An Agenda For Reform, James J. Fishman

Pace Law Faculty Publications

This article examines the development of the law of “charitable corporations”' and attempts to explain why the charitable corporation rather than the charitable trust became the predominant organizational form for charitable and benevolent activities in the United States. It then discusses some of the inconsistencies of nonprofit corporation law and provides an agenda for future reform.