A critical analysis of the directors’ protocol in new york’s not for profit and business corporations
Abstract
Analyzes the directors’ protocols in both the New York Not for Profit Corporation Law and in the New York Business Corporation Law. Examines the similarities and differences existing in the directors’ roles in not for profit corporations and in business corporations. Highlights the legal responsibilities of a not for profit corporation director and warns that, despite such an assignment being voluntary and without compensation, it carries the potential for significant legal exposure if certain formalities are not kept.
Keywords
Citation
Spencer Waters, W. (2001), "A critical analysis of the directors’ protocol in new york’s not for profit and business corporations", Corporate Governance, Vol. 1 No. 3, pp. 20-23. https://doi.org/10.1108/EUM0000000005489
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited