[Foundation-l] board candidacies

Anthony wikilegal at inbox.org
Fri Aug 11 13:19:41 UTC 2006


> > What 'saddens' me however is the way Anthere was treated during the Board
> > session last Sunday when the issue of paying board members was brought up.
> > Jimbo made a casual remark to the effect of "(I'm not sure) we want to pay
> > board members, besides it is not allowed by the bylaws" (paraphrasing here).
> >
> Well, it is not allowed, not just by our bylaws as I understand it, but
> by the law.  This is not a matter of anyone treating Anthere in any bad way.
>
Nonprofit directors can legally be compensated, barring rules (such as
bylaws) to the contrary.  Not that this is a good idea.

http://www.legalzoom.com/law_library/non-profit/Directors-and-Officers-of-the-Non-Profit-Corp.html

Anthony



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