Proposal for amendments to the law on non-profit organizations

Amendments to the Bulgarian Non-Profit Legal Entities Act have been proposed concerning the conducting of NPO’s General Meetings and specifically the quorum requirements. Under the current provision, all members have to be physically present at the General Meeting. Pursuant to a bill submitted in August 2021, however, it is proposed that a person may participate at a General Meeting by virtue of telephone or other connection securely establishing his/her/its capacity. Resolutions in absentio are also introduced. This proposal follows the growing need for long-distant meetings due to various COVID-19 restrictions.