Board of Directors

Published on Nov 20, 2015

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PRESENTATION OUTLINE

Board of Directors

Powers, Duties, Procedures and Liabilities 
Photo by Patrick Gage

What Governs the Board?

  • Declaration / CC&Rs
  • Bylaws
  • Articles of Incorporation
  • Federal & State Laws

OPEN MEETINGS & EXECUTIVE SESSION

Fiduciary Duties

Photo by Clive Power

Business Judgement Rule

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Board Members vs. Officers

Conflicts of Interest

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Successful Boards

  • Communication
  • Transparency 
  • Manage Conflict
  • Seek Professional Advice

Avoiding Liability

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Importance of Insurance

Photo by Chiot's Run

Filling Board Vacancies

Photo by Lomo-Cam

Removing/Recalling Board Members

Photo by andrewrennie