Posted by Colleen on 11/06/06

More | Report Post

I am a Director for a Non Profit. After a recent meeting I
discovered that a Special Meeting by the Executive Board
took place (not posted properly or at all for that
matter). Since then some activities of Executive Board
members have resulted in a request to resign due to illegal
acts of this board member. Not only is the request being
ignored, the Executive Board has hired a law firm to fight
these individuals illegal acts. Is this legal? These
illegal acts subject the Non Profit to a minimum of
$150,000 per offense and there are 7 or 8 of these offenses
found. How should the Non profit proceed when it tries to
cover up and not hold board members accountable for illegal
acts. Fudiciary duties and Sarbain & Oxley guidelines have
been adopted but still this misconduct continues.

Illegal Non Profit Special Meeting /Legal Defense, 11/06/06, by Colleen.

Business Law Chatboard

LATEST POSTS | BY TOPICS | SUBMIT A POST