As I reach the halfway point in my term on the American Chemical Society Board of Directors, I have begun reflecting on the activities of the board and what I have learned. I remember one of the first ...

The board of directors plays a pivotal role in ensuring the success and longevity of an organization. More than just attending meetings, a well-functioning board is deeply involved in shaping the ...

Serving as an officer or director of a nonprofit organization is both an honor and a serious legal responsibility. Whether your organization is a large regional association or a small community-based ...

The success of any organization is often determined by the effectiveness of its leadership, and at the heart of this leadership is the board of directors. Board members play an instrumental role in ...

Company boards must understand the role of director qualifications in satisfying the duty of oversight and the expectations of regulators and institutional investors. To withstand stakeholder scrutiny ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Community associations are nonprofit corporations, governed by the North Carolina Nonprofit Corporation Act. The law provides that nonprofit corporations, including community associations, must "act" ...

Board meetings often follow a predictable routine: reviewing financial statements, hearing brief departmental updates, asking the CEO a few questions and then breaking for lunch. In my experience, if ...