New York's New "Not-For-Profit Corporation Law" statute is likely to increase the abuse of non-profit status by many persons who pretend to be governed by altruistic motives but who actually are motivated mainly by the desire to enrich themselves.-That is the unpalatable thesis of this paper.
Howard L. Oleck,
Proprietary Mentality and the New Non-Profit Corporation Laws,
20 Clev. St. L. Rev.
available at https://engagedscholarship.csuohio.edu/clevstlrev/vol20/iss1/67