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Business Law

Business Law Forum 2024: Nonprofit and For-Profit Entanglement - OpenAI and More

Description:

This session describes the nonprofit and for-profit legal entities comprising the business of OpenAI (the developer of ChatGPT), explains how that business structure was arrived at, and offers more generalized information about for-profit subs of nonprofits/charities, including:

- Motivations for establishing this type of relationship;

- Situations in which this type of relationship could be advantageous;

- Characteristics of the relationship, with a focus on what the entities can and cannot do under the IRS regulations governing nonprofits qualifying for the federal income tax exemption under 501(c)(3); and

- Responsibilities of the management of each entity and how they can conflict.

SAVE MONEY: Use the prepaid CLE credits that come with your TBA Complete Membership and save on this course. Not a TBA member? Join now to start saving.

Professor Amarante is amusing and informative. I'd love to hear an update on Elon Musk's breach of contract suit against OpenAI.

I didn't know about the use of a sub. Very interesting.

Speakers/Producers

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Course Pricing
  • Member: 50.00
  • Non-Member: 80.00
  • Section: 40.00
If you are not a TBA Member, you can join now to receive CLE discount prices and three prepaid credits.

TBA members who are judges, lawmakers and law students can take TBA CLE onsite courses at no charge for the programming. There may be a separate charge if meals, special materials or other premium features are involved.
Course InformationHighlights
  • Viewable From Your Laptop or Mobile Device
Course Credits Dual Credits: 0.00
General Credits: 1.00
Total Credits: 1

This program will be filed for Tennessee CLE credit. Please email a request to cle@tnbar.org for Georgia and Mississippi CLE credit.