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Directors & Officers Organization Loss Control


I have  broken down loss control recommendations into two areas. Loss control for the operations of the board meetings and board members is addressed under this section, the Organization  loss control section. Loss control measures for employee/employer relations is covered under the Employment Practices  loss control section. The areas dealing with Organization loss control are as follows:

Management of Non-Profit Organizations Non-profit organizations should be operated and managed  like a for-profit corporation.
General Principles Basic Duties required of board members.
Business Judgment Rule.
Composition of Board of Directors Attributes of Directors
Independent Directors.
The size of the Board.
Self-Evaluation.
Education Mission of the Organization.
Legal Orientation.
Training Seminars.
Internal Guidelines.
Actions by Directors Procedural Considerations.
Presentation of Information to Members.
How meetings should be conducted.
Documentation of Meeting.
Delegation of Responsibility  Board Committees,
Management Delegation.
Staff Selection and Overhead Controls.
Reliance defense.
Use of Legal Counsel.
Conflicts of Interest Even an appearance of a conflict of interest is bad.
Legal Protections Maximize Indemnification Protections.
Retain Documents.
Conduct a Legal Audit.

Directors and Officers Loss Control

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