What laws and regulations must a nonprofit organization comply with?

In South Dakota, nonprofit organizations must comply with a variety of laws and regulations. The organization must register with the Secretary of State in order to receive certification that it is a legally recognized entity. The organization must then adhere to local and state laws, such as those relating to fundraising and raising funds from the public. Additionally, the organization must comply with any applicable federal regulations, including but not limited to those relating to tax-exempt status, public disclosure, and record-keeping. Nonprofit organizations must also be aware of other laws, such as those relating to anti-discrimination and labor laws, as well as bribery laws, safety laws, and environmental laws. These regulations must be followed to ensure compliance with the law and to ensure that the organization is providing proper legal protection to its employees and volunteers. Further, it is necessary for the nonprofit organization to create clear policies and procedures to ensure compliance with the applicable laws. In addition to these laws, most states, including South Dakota, have specific laws regarding the governance of nonprofits. These laws often require the nonprofit to have a board of directors and to adhere to certain board structure and practices. The organization must also have a code of ethics and conflict of interest policy to ensure that its governing board and officers are acting in the best interests of the organization. Finally, the nonprofit must ensure that all of its activities comply with both federal and state laws, and must follow any applicable regulations for charitable giving and fundraising.

What laws and regulations must a nonprofit organization comply with?

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