An additional disclosure statement shall be filed at such time as an actual or potential conflict arises. The first step in writing a confidentiality policy is to identify the reasons the board needs it.Explore key liability issues facing nonprofit boards. --Every nonprofit corporation shall keep minutes of the proceedings of the incorporators, members, the directors and any other body, and a membership register. A nonprofit's bylaws are considered a legal document that dictates how the organization must be governed. This CLE will explore the role of a Board of Directors and the laws governing nonprofits.