[ SHOWGSD-L ] Re: I can't stand it

  • From: TISHW@xxxxxxx
  • To: ELG440@xxxxxxx, showgsd-l@xxxxxxxxxxxxx
  • Date: Fri, 26 Oct 2007 10:09:17 EDT

 
In a message dated 10/25/2007 11:47:33 P.M. Eastern Daylight Time,  
ELG440@xxxxxxx writes:
It is  not legal, and a violation of the fudiciary duty of a board member to  
 
use the club to indemnify themselves. It violates New York law, the IRS  tax  
code, the Corporations Code and every rule of ethics I have ever  seen.



Since I voted against this and I am not a lawyer, if it violates New  York 
law wouldn't it then be illegal and void?  
 
Tish



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