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Association Leaders Struggle with the Duty of Loyalty
SCD Group
SEPTEMBER 21, 2014
'Association board members often struggle with the Duty of Loyalty. Here’s a definition from our association attorney: The Duty of Loyalty dictates that officers and directors must act in good faith: A director shall avoid advancing their own personal interests in ways that may injure or take advantage of the Association. A director shall exercise honesty and must not allow his/her personal interests to prevail over the interests of the organization.
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