It is common knowledge that a director has a fiduciary duty to his or her association and its members. To be a fiduciary means that the director has accepted the highest duty imposed by the law…….This duty also obligates the director to place the interests of the association and its members as a whole over the director’s personal interests in the event these interests conflict. This duty is referred to as the duty of loyalty or duty of undivided loyalty. Read the article…………………………….
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