Being asked to serve as a board member can be flattering. However, being a board member also increases your personal risk of financial harm. There are dozens of questions to be asked, but the first three answers that I think you should hear before you decide to join the board would be: 1. What does […]
The federal legislation, specifically the Cannabis Act, is set to go into effect on October 17, 2018. There is a lot of activity around the creation of businesses who will be selling cannabis, cannabis accessories and related services. How is this a governance issue you ask? Well as I say over and over again everything […]
Your minutes should indicate which of the board members recused themselves from the board meeting. The wording would be something like this, “In accordance with policy Joe Blow left the meeting having declared a conflict of interest.” The minutes would then show the resolution being made, seconded, discussed and passed. Then the minutes would show […]
Has your organization divided up the type of motions into the ones that require a unanimous resolution, those that require a 75% approval and the ordinary resolutions which only need to have a quorum? Most decisions can be made with an ordinary motion passed with a simple majority. However, some groups have taken the time […]
In order for a motion to be valid the following must take place: The meeting must be valid, which means the proper amount of notice should have been given to the board members, or committee members if we are talking about a committee. The meeting must have a quorum, which means there must be at […]