Legal Question in Legal Ethics in California
I am on the board of a 501c3 organization. We are looking to align our company with a larger 501c3 and transition the programs then basically turn over the helms to the new larger company. One of the founding board members is founding another similar 501c3 organization and would like transition the 501c3 to this new organization. I understand the paperwork involved in modifying the mission, board, etc. but since the original company is not being dissolved - can we actually do this?
1 Answer from Attorneys
First off, this is in the wrong category. Legal ethics and professional responsibility refers to the ethics and professional obligations of lawyers. Second, your question is way to vague to answer. An attorney would have to go over the details of exactly what you are doing in order to be able to advise you.