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N Cal Attorney
N Cal Attorney, Lawyer
Category: Intellectual Property Law
Satisfied Customers: 9135
Experience:  Since 1983
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My wife and I have started a non profit org. we will like to

Customer Question

My wife and I have started a non profit org. we will like to get a book publish. I have a book publishing company. can i publish this book throuh my publishing company?
Submitted: 9 months ago.
Category: Intellectual Property Law
Expert:  N Cal Attorney replied 9 months ago.
Thank you for your question. I assume there are no disinterested directors of the nonprofit. There is always an issue called self-dealing when a non-profit makes a contract with a director of the non-profit. It would usually have to be approved by vote of the non-interested directors, but if you and your spouse are the only directors, that cannot happen. If your publishing company agreed to publish the book at cost without taking any profit, that would undermine any argument that you had engaged in self-dealing. I hope this information is helpful.
Customer: replied 9 months ago.
I appreciate you.
Expert:  N Cal Attorney replied 9 months ago.
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