Shveta Kakar. Courtesy Photo‘Second’ Time’s a Charm? The Second Circuit Reaffirms the Contours of the Special Interest Beneficiary Standing Rule
Fox Rothschild partner Shveta Kakar discusses New York State Second Circuit Court of Appeals reaffirming New York's "special interest beneficiary standing rule," which limits the ability to challenge actions of charitable corporations to the State Attorney General.
January 08, 2025 at 08:00 AM
10 minute read
New York law provides that the state attorney general has the exclusive authority to represent the beneficiaries of a charitable corporation. N.Y. Est. Powers & Trusts Law §8.1.1(f).
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