92 views 42 sec 0 Comment

A Practical Approach to Board Member ‘Fiduciary Duties’ (CO)

/ Owner - February 11, 2023

The words “fiduciary duty” are ones that many of us in the community association industry come across frequently. It is especially common to hear these words thrown around loosely when one or more members of a community association board of directors are “misbehaving”. In legal terms, it can be simply defined as owing a duty of good faith and loyalty to the association with an obligation to act in its best interests. But what does this mean in practice and layperson terms?   Read the article………………………..

Comments are closed.