11/6/2006 12:53:08 PM
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Section 5: OPA Board Subject: OC Today Story Msg# 385678
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Joe They take on a fiduciary responsibility. I am not sure how relevant this is, but OPA - like most organizations - has Directors & Officers Insurance to cover their errors and omissions. etc. Gene |
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For reference, the above message is a reply to a message where: I did not claim anything. I believe there are scenarios where directors can be personally liable. They take on a fiduciary responsibility. Perhaps a lawyer in the crowd could add some general light on this issue. |
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