Corporations are traditionally divided into two separate camps: For-profits and Nonprofits. But that's about to change. On January 1, 2012, California joined at least five other states in creating two new "hybrids" - "flexible purpose" corporations and "benefit" corporations - that can pursue charitable or public benefit purposes while still making profits for shareholders.
Our panel of experts in the field will explain the features of these new entities, how they come into being, how they operate . . . and why they may or may not make sense for your clients. For anyone representing existing and start-up ventures, this is a don't miss program!
Speaker(s):
- C. HUGH FRIEDMAN, Professor of Law, University of San Diego School of Law (moderator)
- SUSAN H. MAC CORMAC, Morrison & Foerster LLP, San Francisco
3 HOUR MCLE (including 0.5 Hour Legal Ethics)
The Rutter Group certifies that this activity has been approved for MCLE credit by The State Bar of California in the amount of 3 hours, of which 0.5 hour applies toward Legal Ethics. Visit www.RutterOnline.com™ to earn additional MCLE participatory credit.