Trade Association Formation, Governance, and Operation
Initial formation and governance of trade associations present a combination of traditional corporate law and regulatory issues under federal and state law that is applicable to industry-level organizations. Our team advises on:
- Structure, formation, and tax-exemption issues
- Articles of incorporation, bylaws, and other corporate documents
- Operation of boards of directors/trustees
- Dues structure and membership criteria
- Creation and operation of affiliates and subsidiary organizations, such as foundations and for-profit subsidiaries
- Form 990 and related compliance issues
- Conflicts of interest and ethics policies
- Document-retention policies
- Member programs and related agreements
- Affinity and other marketing programs
- Product endorsements
- Hotel, convention, and other event contracts and agreements
- Vendor agreements