Legal Question in Business Law in Pennsylvania
Board of Directors
Can family members serve together on the same board of directors of a church?
1 Answer from Attorneys
Re: Board of Directors
This is my answer:
Absolutely, in fact, it is probably practical given that most families share the same values, including religious faith and community-involvement. I am going to assume that the underlying question you are asking is whether �allowing family members to serve on the church�s board, exposes the church to additional liabilities�. The short answer to that question is �yes�. A church member could always sue the church claiming a board member breached his/her fiduciary duty* to the organization. Family members tend to place family interests before other obligations. On the other hand, your church can easily avoid this claim, by implementing a �Conflict of Interest Policy�.
Visit my blog at www.mckeeoffice.com/blog or google "conflict of interest" for more information.
Good luck.
Sharmil McKee
Related Questions & Answers
-
Corporate law what are the options to disolve a 100% single ownership of a... Asked 8/20/08, 9:33 pm in United States Pennsylvania Business Law
-
Pa Independent Escorting What are the laws and licensing requirements for... Asked 8/18/08, 5:34 pm in United States Pennsylvania Business Law
-
Investment agreement Where can I get an Investment agreement? Asked 8/11/08, 7:26 pm in United States Pennsylvania Business Law