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A critical analysis of the directors' protocol in new york's not for profit and business corporations

A critical analysis of the directors' protocol in new york's not for profit and business... Analyzes the directors’ protocols in both the New York Not for Profit Corporation Law and in the New York Business Corporation Law. Examines the similarities and differences existing in the directors’ roles in not for profit corporations and in business corporations. Highlights the legal responsibilities of a not for profit corporation director and warns that, despite such an assignment being voluntary and without compensation, it carries the potential for significant legal exposure if certain formalities are not kept. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Corporate Governance Emerald Publishing

A critical analysis of the directors' protocol in new york's not for profit and business corporations

Corporate Governance , Volume 1 (3): 4 – Sep 1, 2001

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Publisher
Emerald Publishing
Copyright
Copyright © 2001 MCB UP Ltd. All rights reserved.
ISSN
1472-0701
DOI
10.1108/EUM0000000005489
Publisher site
See Article on Publisher Site

Abstract

Analyzes the directors’ protocols in both the New York Not for Profit Corporation Law and in the New York Business Corporation Law. Examines the similarities and differences existing in the directors’ roles in not for profit corporations and in business corporations. Highlights the legal responsibilities of a not for profit corporation director and warns that, despite such an assignment being voluntary and without compensation, it carries the potential for significant legal exposure if certain formalities are not kept.

Journal

Corporate GovernanceEmerald Publishing

Published: Sep 1, 2001

Keywords: Directors; Non‐profit organizations; Legislation; Organizational structure; USA

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