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Not For Profit/Exempt Organizations Blog

Monthly Archives: May 2014

New York Court Strikes Down Regulations Limiting Executive Compensation and Administrative Expenses

Posted in Governance

A New York court has held that the State’s regulatory limits on executive compensation and administrative expenses for entities that receive state funds unconstitutionally exceed proper regulatory authority.  The regulations, which implemented a 2012 executive order by Governor Andrew Cuomo and went into effect on July 1 of last year, were promulgated in substantially similar… Continue Reading