Are Board members personally liable? Do we need D & O Insurance?

Summary:

There's are national organizations that offer answers to questions like this one.

Answer:

For valuable information on everything related, contact

Nonprofit Risk Management Center

1001 Connecticut Ave NW, Suite 410

Washington, DC  10036-5504

202/785-3891 Fax 202/833-5747

http://www.nonprofitrisk.org

They offer many analytical publications, including "Guidebook for
Directors of Nonprofit Corporations" ($19.95) and "D&O: What You Need to Know."

The Free Management Library provides additional information about legal considerations for board members along with an overview of liability insurance. See http://www.mapnp.org/library/boards/boards.htm#anchor153271

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Revised 8/11/99 -- CM; 4/12/01 PB