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WebFeb 15, 2024 · • Because a director may have a personal financial interest in the decision to indemnify the directors, it must be treated like a conflict of interest transaction • The minutes should reflect: • those directors seeking indemnification; • the persons who were present for discussion; • The determination as to whether the director met the WebDec 11, 2014 · The Board of Directors is the governing body of a nonprofit. Individuals who sit on the board are responsible for overseeing the organization’s activities. Board members meet periodically to … brownell talbot high school omaha
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