Board members face potential liability for their own actions in causing injury to others, or in breaching a fiduciary duty to the organization.
Although board members can cut the risk of personal liability by conforming their conduct to the appropriate standards, they cannot control whether or not they will be sued. Therefore, they should be sure that the organization maintains proper insurance to protect them against foreseeable hazards, including general liability coverage, professional liability coverage where appropriate, and directors and officers liability insurance.
This is a 3 page pdf.
Add this product to your cart and checkout. The link to the pdf will be contained in your purchase receipt. If you do not receive a receipt, please check your spam folder.
ATTENTION PAID SUBSCRIBERS: If you want to access this RRP, log in, go to the Ready Reference Page tab on the site and download the page for FREE.
Questions? Call or email email@example.com or 1-888-NP-Issue.