[ SHOWGSD-L ] Board Members

  • From: "David Fritsche" <d_fritsche@xxxxxxxxxx>
  • To: <showgsd-l@xxxxxxxxxxxxx>
  • Date: Tue, 30 Jun 2009 08:32:49 -0700

Re-incorporate in Nevada.
Nevada statutes provide that members of a board of directors, acting 
in good faith, in the performance of their duties are not personally 
liable. Several law suits have tried to penetrate this shield but have 
failed. Only illegal activity is not shielded.
Dave


>I think we need to smarten up and figure out a way to protect our 
>board members from being sued. Other clubs have protection for their 
>boards, it takes us 3 times?of board members having lawsuits brought 
>against them, when they are carrying out the rules and regulations 
>which are the same for everybody.
> ?Cindy

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