Legal Duties and Liabilities of Directors and Officers of Charities and Not-for-Profits and Risk Management

www.carters.ca

www.charitylaw.ca

•Notice/attendance at meetings/minutes

–Right to notice of board meetings

–Right to attend board meetings

•Right to vote

–Equal voting rights

–Must declare conflict of interest

–Need to record contrary vote

•Appropriate delegation

–Can delegate day to day operations, including officer duties

–But directors must retain control and require accountability

–Establish an audit committee for finances and legal liability

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