A nonprofit’s bylaws serve as the governing document for the organization. This important document dictates how decisions are made within the organization. We frequently get questions from both newer nonprofit organizations (How do I put together the bylaws?) as well as more established nonprofits (I’m not sure we’re following the bylaws. How do we update or fix our bylaws?)
Trademark Modernization Act of 2020
Buried in the last round of COVID relief legislation were some major changes in the area of intellectual property law that will impact both trademarks and copyrights. This week we’re reviewing the Trademark Modernization Act of 2020 and how it might impact small businesses in particular.
The Trademark Modernization Act of 2020 (TMA) makes several updates to trademark law. But for our small business clients, we think there is one major change in particular that you should be aware of. The law has the potential to make it much easier for your competitors to challenge your trademark registration, even several years after the fact.