Legal duties of directors
Most of us can recite the legal duties of co-op directors from memory. Who doesn’t know about fiduciary duty and the duty of care? But how do these important concepts translate into the daily demand for good governance and principled leadership in our co-ops?
We'll discuss the challenges facing co-op directors in co-op governance. We'll discover what "acting in the best interest of the co-op" really means. We'll look at conflict of interest and how to navigate those grey areas when it’s not so clear?
Join us for a close look at where principle meets reality. We’ll look at some tough examples and explore some best practices for handling them.
In this workshop, we will:
- Understand the legal duties of co-op directors
- Examine what those duties mean in practical terms for the typical co-op director
- Consider how to use what we’ve learned to promote good governance and principled leadership in housing co-ops
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