What Board Members Need To Know...

Board Members are a Tough Bunch

There are a variety of reasons why people don’t volunteer as board members for their condos, coops and HOAs.  One of the biggest reasons is that “some potential candidates for board service also may fear the legal liability associated with the role even with the safeguards of Directors’ & Officers coverage in place.” Insurance doesn’t cover everything and even if it does, there are tremendous time pressures on board members to gather evidence for the attorneys.  

http://www.condoandhoalawblog.com/2013/07/what-is-keeping-people-from-serving-on.html

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