Yes, I am aware the organization must provide you with legal defense under
certain circumstances. However, it has been my understanding that if you lose
in court, and you do not have O&D insurance (and I did not know that the City is
now providing this automatically to all neighborhood groups until Barb Lickness'
post) then I believe it is the accused individual(s)' assets that will be used
to pay fine(s). Certainly the organization will not be going to jail for them
either. Therefore, it behooves all people on boards of directors to get O & D
insurance and if you feel the least bit overwhelmed by what you are voting on
and signing for, put pen to paper and resign this morning. Believe me, you'll
sleep better this way.
Is there an attorney on the list who can, in plain English, explain what happens
to Officers and/or Directors found sleeping at the wheel when good-hearted
non-profit organizations do terrible things to vulnerable people?
Barbara Nelson
Seward
[EMAIL PROTECTED] wrote:
> Barbara:
> Minnesota Statutes Section 317A.521 provides that non-profit corporations
> generally must indemnify (defend in a legal action) any director or other
> person who acts in an "official capacity" on behalf of the corporation.
> Therefore, an officer or director- as an individual- is normally protected
> from liability by the neighborhood association/non-profit.
_______________________________________________
Minneapolis Issues Forum - Minnesota E-Democracy
Post messages to: [EMAIL PROTECTED]
Subscribe, Unsubscribe, Digest option, and more:
http://e-democracy.org/mpls
