Every charitable organization is governed by a board of directors, but these people aren’t just figureheads. They are ultimately responsible for the success or failure of the nonprofit they serve. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, explains what directors are actually liable for, what happens to a director who is found liable, and what protections organizations can put in place for their directors.
Understanding directors’ liability issues (MP3)
Click to listen now.
(To download the file and listen later, right click on the link and click “Save target as”, “Save link as…” or “Download linked file.”)
Run time: 11:31 minutes
External Resources:
Canada Revenue Agency – Information about directors and trustees
