New Jersey Law Boards of Trustees Responsibility to Members

Under New Jersey law, an association’s Board of Trustees has a fiduciary obligation to its members similar to that of a corporate board to its shareholders. See Kim v. Flagship Condo. Owners Ass’n, 327 N.J. Super. 544, 550, App. Div. 2000.

Related Keywords

Jersey ,New Jersey ,United States ,Jays Lazega , ,Jersey Nonprofit Corporation Act The ,Board Of Trustees ,Jersey Nonprofit Corporation ,A Guide For Association Practitioners ,Profit Corporation ,How Community Associations Leaders Honor Their Duties ,Owners Ass N ,New Jersey Condominium Act ,New Jersey Non Profit Corporation Act ,New Jersey Nonprofit Corporation Act ,Nonprofit Corporation Act ,New Jersey Nonprofit Act ,Association Practitioners ,Legal ,Business ,Inance ,Corporate Law ,Pj Law ,Fiduciary Duty ,Mbrella Master Association ,Ub Association Common Trustees ,