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Volunteer board members can be held liable for the actions or inactions of the not-for-profit organization. http://lnkd.in/brmDHiR
Join the Conversation Comments (3)not-for-profit and co-op board are two different entities. co-op boards have insurance for members.
http://therealdeal.com/issues_articles/liability-lessons/
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Guests of the board that participate in board meetings but do not vote may be liable and they should be added to the insurance that covers board members.
For volunteers that do not participate in board meeting but are in sensitive positions such as interviewing potential shareholders an attorney should respond to the question.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.