ULC

Committees

Protection of Charitable Assets Act

Description

The Model Protection of Charitable Assets Act will articulate and confirm the role of the state Attorney General in protecting charitable assets. The Attorney General’s authority is broad and this Act will not limit or narrow that authority. The Act provides the Attorney General (the term is used in the act to mean the charity regulator in the state) with an inventory of basic information without overburdening the charities or the Attorney General with excessive reporting requirements. The Act specifies which transactions and legal proceedings require notice to the Attorney General and provides for registration and annual reports for some charities.

Committee Members

K. King Burnett Chair
Barry C. Hawkins Member
Lyle W. Hillyard Member
Thomas L. Jones Member
Carl H. Lisman Member
John J. McAvoy Member
Frederick P. Stamp Member
Charles A. Trost Member
David S. Walker Member
Steven N. Leitess Division A Chair Member
Susan N. Gary Reporter
Lisa A. Runquist ABA Advisor
Cynthia Rowland ABA Section Advisor
Elaine Waterhouse Wilson ABA Section Advisor
John A. Sebert Executive Director
Benjamin Orzeske Staff Liaison