Canadian FundRaiser eNEWS September 15, 2001
Article 10 of 14
 

IN PRINT     -    Sherry Rodney

Understanding board members' potential liabilities

DUTIES & RESPONSIBILITIES OF DIRECTORS OF NON-PROFIT CORPORATIONS,

Kelly, Hugh, and Mark, Frederick; $14.95; 36 pages; Canadian Society of Association Executives, Toronto, Ontario; Bulk discounts available; order 416/363-3555 x 226, fax 416/363-3630.

Directors of nonprofit corporations are increasingly concerned about the potential liabilities they could face in their role of director. This short and concise reference book from the CSAE highlights the important duties and responsibilities of directors, and addresses their key concerns: role and duties, conflicts of interest, investment powers, criminal vs civil liabilities, employee and workplace liability, protection available, due diligence, and much more.

CSAE’s research shows that 80% of its members carry Directors’ and Officers’ Liability Insurance, so there is no question, it concludes, that directors are clearly concerned.

Short and concise to help ensure that busy volunteer directors will take the time to read it, this booklet, an ideal board member reference, should be an essential component of the director recruitment process for all Canadian nonprofits.




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