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community associations: Six Responsibilities of Community Assocation Board Members
- 01/29/09 12:56 AM
Being a Board Member on behalf of your association comes with responsibilities. Below is a list of what is expected.
All members of the Board serve the owners as Fiduciaries and must act in the best interest of all its members. No officer of the corporation has the authority to make unilateral decisions on behalf of the Board unless specific authority to do so has been given by the Board. Decisions are made at Board of Director meetings where items are addressed and agreed upon. Items on the Board of Directors meeting Agenda are thoroughly researched, studied and analyzed to make sure its … (4 comments)
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