Thursday, April 23, 2009

Strategic Management in Tough Times Follow Up

Have follow up questions? Here are some questions that have been asked so far:
  • The workshop last week generated some interesting discussion on board responsibility. Did I hear this correctly? Can board members be held personally liable if an organization is dissolved with outstanding debts?

Yes, this is true. Boards of directors can be held financially responsible for outstanding debts of a nonprofit organization ceasing to operate and dissolving. Have questions, let us know.

  • Can you provide specifc info regarding nonprofits not be allowed to vote by e-mail in New York State?

Interested in this answer, e-mail us for information provided by our Legal Accountability & Compliance Services staff. Add your questions here.

No comments: