Committees are an essential part of an association. Committees are a way to bring association members together with similar objectives and relevant expertise who may otherwise not have a method to gather information and coordinate actions. Two of the main advantages of a committee are the broad perspectives that are brought to the group by…
Questions often arise when boards of directors revise or initially draft and implement their association’s rules and regulations. There are points to consider while going through this process. The board of directors generally has the authority to establish reasonable rules and regulations. While this authority is typically found in the restrictive covenants, in rare instances…
Meeting agendas make a great outline. To improve accuracy minutes should be written as soon as possible after the meeting Written committee reports can be attached to the minutes and referred to within. Distribute minutes to board or committee members before the meeting in which they will be approved so they can be reviewed, and…
Directors and Officers liability insurance (D&O) provides coverage in the event of a lawsuit claiming some Board or individual Directors’ act or omission. D&O insurance does not protect the association when a claim is made for personal injury or property damage as a result of negligent actions of the Board of Directors. Personal injury and…