S-616 — Foundation of the Federal Bar Association Charter Amendments Act of 2025

本法案已于 2025-12-12 成为公法第 119-57 号。

下方摘要描述的是我们最后审阅的版本；生效文本可能有所不同。

YourVoice.Now 摘要

Updates the Federal Bar Association Foundation's federal charter, giving its board more say over membership rules and bylaws.

详细内容

Congress updated the federal charter for the Foundation of the Federal Bar Association, a nonprofit that supports the legal community. The changes give the organization's board of directors more flexibility to set membership rules, officer elections, and its principal office location through its own bylaws, rather than having those details locked in federal law. Restrictions on political activity, stock issuance, loans to insiders, and self-dealing remain in place. The update also clarifies how assets are handled if the organization ever dissolves.

国会摘要

Foundation of the Federal Bar Association Charter Amendments Act of 2025 This act revises the federal charter for the Foundation of the Federal Bar Association to shift authority from the charter to the bylaws. Specifically, it makes the following changes: removes the requirement for the foundation to be incorporated and domiciled in the District of Columbia; requires the board of directors to decide, and specify in the bylaws, the location of the principal office; specifies that the bylaws—not the charter—must provide for the terms of membership, the responsibilities of the board of directors, and the election of officers; prohibits a director or officer, in his or her corporate capacity, from contributing to, supporting, or participating in political activities; allows income and assets of the corporation to be used to reasonably compensate or reimburse expenses of an officer, director, or member; to award a grant to the Federal Bar Association chapter of an officer, director, or member; and to reasonably compensate employees; expands a prohibition on loans for directors and officers to include members and employees; and specifies that on dissolution or final liquidation, any remaining assets must be distributed as provided by the board of directors instead of deposited in the Treasury.

立法主题

哥伦比亚特区Federally chartered organizationsLawyers and legal services

详细信息

国会届次: 119th
议院: SENATE
状态: 已成为法律
行动: Became Public Law No: 119-57.
行动日期: 2025-12-12
添加日期: 2026-05-28
来源: Congress.gov →

记录 7212ff8e-e23c-46e1-8e1e-3ff21d350ac6 · JSON

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