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http://ssrn.com/abstract=1984167
 
 

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Duties of Nonprofit Corporate Directors – Emphasizing Oversight Responsibilities


Thomas Lee Hazen


University of North Carolina (UNC) at Chapel Hill - School of Law

Lisa Love Hazen


affiliation not provided to SSRN

July 15, 2012

North Carolina Law Review, Vol. 90, No. 6, 2012
UNC Legal Studies Research Paper No. 1984167

Abstract:     
The law on nonprofit directors’ obligations is sparse. Nevertheless, in recent years nonprofit directors have faced increased scrutiny. This article explores this increased scrutiny and sheds light on the development of North Carolina nonprofit law as it pertains to directors’ duties. North Carolina imposes stringent duties on nonprofit directors including the duty of overseeing the nonprofits operations. However, following the pattern in most states there are limited avenues for holding directors accountable.

Number of Pages in PDF File: 41

Keywords: nonprofit, directors, fiduciary duties, North Carolina

JEL Classification: G30, L30, L31

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Date posted: January 13, 2012 ; Last revised: January 30, 2014

Suggested Citation

Hazen, Thomas Lee and Hazen, Lisa Love, Duties of Nonprofit Corporate Directors – Emphasizing Oversight Responsibilities (July 15, 2012). North Carolina Law Review, Vol. 90, No. 6, 2012; UNC Legal Studies Research Paper No. 1984167. Available at SSRN: http://ssrn.com/abstract=1984167

Contact Information

Thomas Lee Hazen (Contact Author)
University of North Carolina (UNC) at Chapel Hill - School of Law ( email )
Van Hecke-Wettach Hall, 160 Ridge Road
CB #3380
Chapel Hill, NC 27599-3380
United States
919--962-8504 (Phone)

Lisa Love Hazen
affiliation not provided to SSRN ( email )
Feedback to SSRN


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