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The unclear status of nonprofit directors: an empirical survey of director liability.

• Siciliano, J
• Spiro, G

Abstract

Nonprofit boards of directors are fiduciaries for an organization. However, there have been various legal interpretations of their duties. The authors review the conflicting standards of conduct that exist, and they report the results of a survey that sampled director opinion concerning the liability issue. The proposition that directors were unaware of their legal responsibilities was supported, and the implications of this finding for organizational procedures and public policy are discussed. (Journal abstract.)

Journal

Administration in Social Work

(1992)
vol16 no1 pages69-80

Categories

1. Public Policy, Law, and Ethics  
2. Law and Taxes  

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