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Old 03-12-2010, 09:25 AM   #1
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Need Someone who knows Business Law

I've been asked to join the Board of Directors of a small nonprofit organization. It's an unpaid position.

Is there any liability in this? Like, if the Executive Director takes a bunch of federal grant money and blows it all on whores, can I be held partially responsible in any way? What if the position becomes paid (even nominally) in the future?
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