Board Member Basics

What We'll Cover

• Sources of Authority (Statutes & Governing Documents)
• Fiduciary Duties
• Meetings
• Insurance
• Q & A

Directors v. Officers

Types of Meetings

• Annual
• Special
• Board
• Committee

Quorum

"The Assembly"

Open Meetings

Executive Session

• Consult with legal counsel
• Discussion of delinquent assessments
• Negotiation of 3rd party contracts
• Personnel matters

Federal Laws

• FCC OTARD
• Fair Housing Act
• Federal Flag Act

Tips

• Annual Review of Reserves
• Annual Review of Insurance