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03-12-2010, 09:25 AM
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UNDER CONDITIONAL MITIGATION
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
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Need Someone who knows Business Law
I've been asked to join the Board of Directors of a small nonprofit organization. It's an unpaid position.
Is there any liability in this? Like, if the Executive Director takes a bunch of federal grant money and blows it all on whores, can I be held partially responsible in any way? What if the position becomes paid (even nominally) in the future? |
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