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3 Oct 2020, 8:57 pm by Gene Takagi
And, of course, collectively, as the board of directors, the board members are ultimately responsible for directing and overseeing all of the activities and affairs of the corporation and the exercise of corporate power. [read post]
12 Nov 2012, 6:37 pm by Dana
Check out all posts about boards of directors. [read post]
19 Jul 2007, 10:39 am
  What duties must board members of nonprofit corporations uphold? [read post]
17 Dec 2020, 10:01 am by Jessica Mulholland
” AB 979 also requires that by December 31, 2022: A corporate board with four to nine directors have two directors from underrepresented communities; andA corporate board with nine or more directors have three directors from underrepresented communities.Jessica Mulholland, Managing Editor, CalChamber Read about more new laws for 2021 in our recent white paper, available for nonmembers and… [read post]
12 Feb 2007, 6:52 am
"A corporation, whether for-profit or nonprofit, is required to have a governing Board of Directors. [read post]
14 Feb 2013, 10:03 am
This decision highlights that a board of director’s discretion under the business judgment rule may be limited by contractual obligations the corporation undertakes with the corporation’s shareholders/members. [read post]
15 Jul 2015, 8:35 am by Molly Foley-Healy
 Since CCIOA does require that all meetings of the board of directors of an HOA be open to the members or their designated representatives and it is essential for boards to govern in a transparent manner, I recommend that boards plan the dates of regularly scheduled meetings at the beginning of each year and post the dates, times and locations of the meetings on the association's website and in newsletters. [read post]
24 May 2023, 6:54 pm by Gene Takagi
Section 6334 of the Nonprofit Public Benefit Corporation Law and Section 8334 of the Nonprofit Mutual Benefit Corporation each provide: Every director shall have the absolute right at any reasonable time to inspect and copy all books, records and documents of every kind and to inspect the physical properties of the corporation of which such person is a director. [read post]
6 Feb 2024, 8:16 am by Roberto C. Blanch
Condominium and HOA board members each play unique and important roles in their efforts for the success of the community they serve. [read post]
3 Oct 2022, 3:20 am by David Lynn
CII’s amendment also requests that companies disclose all for-profit board memberships for each director, and that nominating and governance committees develop and publicly disclose their policies on board service. [read post]
3 Nov 2011, 12:24 pm by Jeffery K. Mitchell
  The board of directors should monitor and approve all major transactions. [read post]
23 Feb 2023, 2:05 pm by Stephen Honig
Add a social dimension to the interaction of board members; in your annual survey of board members, ask them to comment on the performance not only of themselves but also of other board members. [read post]
25 Jan 2017, 1:00 am
Members of a corporate board are tasked to monitor managers. [read post]
2 Dec 2018, 12:00 am by Race to the Bottom
First, criminal and civil lawsuits targeting the corporation and either the board or specific members and committees of the board might follow. [read post]
16 Apr 2022, 2:01 pm by Gene Takagi
This means that a California nonprofit public benefit corporation can pay all of its board members for serving as board members, but can only pay a minority of its board members for other types of services. [read post]
21 Mar 2017, 2:46 am by Mike Inman
Boards of directors owe a fiduciary duty to the association’s members. [read post]
24 Sep 2010, 1:42 pm by Larry Ribstein
Each fall I invite leading corporate scholars to present and discuss their recent work to faculty and students in the Illinois Corporate Colloquium. [read post]
13 Oct 2010, 5:30 am by Gene Takagi
 The Guide was designed for corporate directors of 501(c)(6) trade associations and business societies but holds important lessons for all board members of nonprofits. [read post]