1
1ke
Guest
The same as the board of directors of **any **corporation. whether for profit or non-profit.Still quite confusing, if the position is really as a double checker of sorts and there are no real duties outside of signing paperwork and looking over corporate books, what kind of personal liability could I really expect to assume?
The board has the ultimate legal and fiduciary responsibility of the corporation.
This falls under the civil and criminal code of your state. So, yes, officers of a corporation *could *be held liable for the actions of the corporation.It doesn’t seem to be much of a significant role that would warrant being personal liable for criminal/civil matters if we meet only a handful of times throughout the year.
I wouldn’t be unduly worried about it. We have officers of the board for all our parishes and have had exactly zero problems.