What is the duty of loyalty and why does it matter to multi-member LLC?
It is not uncommon to accept appointment to your local nonprofit's board of directors without reflecting upon the legal responsibilities directorship entails. Failure to do so, though, is a disservice to yourself and to the organization you seek to serve.
Bylaw or policy? This is a common question posed by boards of directors. The answer is usually apparent if you consider the different purposes of bylaw and policies.
Christine Jarzab Kuntz is an attorney specializing in the life cycle of businesses and nonprofit organizations. She is enthusiastic to share her knowledge, tools, and tips with the business and nonprofit community. She enjoys the excitement of tutoring start-ups, tackling the challenges of established businesses, and counseling her clients' transitions through all stages of the business life cycle.