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Therefore, it is vital that board members are made aware of their fiduciary responsibilities and that they strive to minimize the risk of liability for both themselves and for the organization.
This paper will serve as a review of the article, Your Fiduciary Responsibilities: Minimize the Risk of Liability by Becoming Familiar with Your Legal Duties by Robert M. Portman (2002). First, the article's key points will be addressed. Next, the article's application to nonprofit management will be discussed. Then, the article will be critiqued, and its main points will be compared with some of the related subjects from class readings...
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