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Primer for Directors of Not-for-Profit Corporations
Corporate and Insolvency Law Policy
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Table of Contents
Primer for directors of not-for-profit corporations (Rights, Duties and Practices)
Preface
Introduction
The Reason for this Book
Terms Used in this Book
Our Approach
Chapter 1: Corporations & Directors; What, Who, Why & How
Introduction
Types of Not-for-Profit Corporations
Special Categories of Directors
Organization Mandate
Accountability
Elements of Good Governance
Checklist
Chapter 2: Duties of Directors
Introduction
The Duty of Care
The Duty of Loyalty
Duties Towards Members
Checklist
Chapter 3: Liability of Directors
Introduction
Liability and Contracts
Liability in Tort
Liability for Breach of Fiduciary Duty
Liability for Breach of Trustee Duties
Common Law Liabilities
Statutory Liabilities
Checklist
Chapter 4: Rights and Powers
Introduction
Directors' Rights
Directors' Powers
Checklist
Chapter 5: Committees
Introduction
Types of Committees
Checklist
Chapter 6: Risk Protection
Introduction
Due Diligence
Indemnification
Insurance
Statutory Protection
Other Means of Reducing Liability Exposure
Checklist
Chapter 7: Taxation
Introduction
Not-for-Profit Corporations
Charities
The Regulation of Charities
The Treatment of Gifts to Registered Charities and Qualified Donees
Corporate Structures
Checklist
Chapter 8: Director Development
Introduction
Tools
Checklist
Endnotes
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