NEWSLETTER 10-2023: ORGAN ORDER IN THE PRIVATE FOUNDATION
The rules for appointing officers to a private foundation are generally standardized in the foundation charter and, if necessary, supplemented by the foundation by-laws. But what happens if an attempt is made to amend these rules outside of the foundation charter and the foundation by-laws, in a separate agreement?
The Supreme Court had to deal with this question in a recent decision. You can read how the Supreme Court answered this question in our current newsletter.
