On Wed, Mar 26, 2008 at 2:22 PM, Jim Thompson <[EMAIL PROTECTED]> wrote:
> The board has certain obligations to keep the corporation (HOSEF is a > corporation) solvent and functional. As a board member, I may become liable > for these obligations. Over the past few years, other board members have left for precisely those reasons. Scott is reluctant to share authority. It's understandable, when HOSEF was his vision and he's doing most of the work, but it means that he needs a rubber-stamp board, one that exists just to keep HOSEF legal. But, as Jim says, board members can be legally liable if Scott, in his enthusiasm, does something that's not exactly legit. Jim and the other members of the current board seem to have attempted to assert their authority. Other board members, faced with the same problems, have left. I'm not sure that there's any good resolution to this problem. -- Karen Lofstrom _______________________________________________ [email protected] mailing list http://lists.hosef.org/listinfo.cgi/luau-hosef.org
