From Bill WIlliams:
I want to let you know about a new tool that we have created to assist
you and you board colleagues carry out your fiduciary duties. As those of
you who have attended PTA & the Law are aware,all board members are
responsible for assuring that certain necessary actions – filing the annual
corporation renewal, filing the federal income tax return, etc.—are carried out, even though the task of actually completing these steps may be assigned only to one individual.
To help board members keep track of these required actions, we’ve created a“Required Actions Checklist” that we recommend that you
download and make a copy for each of your board members as an easy way to keep track of who’s responsible for which action and note when they’ve been accomplished.
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