Omaha Nebraska Nonprofit - Conduct Policies for Board Members
Category:
State:
Multi-State
City:
Omaha
Control #:
US-ENTREP-0021-5
Format:
Word;
Rich Text
Instant download
Description
Under wellestablished principles of nonprofit corporation law, a board member must meet certain standards of conduct and attention in carrying out his or her responsibilities to the organization. Several states, in fact, have statutes adopting some variation of these duties that would be used in court to determine whether a board member acted improperly. These standards are usually described as the duty of care, the duty of loyalty, and the duty of obedience.
