Kentucky Updates Rules Governing Nonprofits—For the Better

Gov. Beshear of Kentucky, while surrounded by a host of dignitaries, recently signed into law new regulations governing nonprofit organizations. Largely, it appears that the new law, House Bill 440, will make governance of nonprofits in Kentucky a little bit easier and the management of small associations less cumbersome. The Kentucky Uniform Unincorporated Nonprofit Association Act has been added to the laws governing nonprofits in the Commonwealth. It creates and describes the rules for unincorporated nonprofit associations, a new classification for nonprofits.