Ho hum. I think you mean that the board with also double as the executive on a volunteer basis? The reason I ask is that presumably all the board members don't get to do whatever they like on behalf of the company, you have to have some sort of authority structure?
Does the full board mandate its members to take actions in minutae or in fact appoint them into exec roles of some sort? I think what roles it gives to its own members is more likely to determine who gets to enjoy porridge than the mug with "company secretary" on their coffee cup.
Am delighted to say none of this is my problem. I did my bit when I voted for you...
Andrew
On Wed, Oct 29, 2008 at 9:52 PM, Thomas Dalton thomas.dalton@gmail.com wrote:
2008/10/29 Andrew Cates Andrew@soschildren.org:
Thomas
You are right it is implausible. :)
In general AFAIK a company taking actions requires it to have an executive in which case as long as it is put together correctly the executive goes to jail and the directors including company secretary are protected by a corporate veil (unless they have themselves been negligent, acted as execs etc).
Not that you should sleep well on the back on of non-legal hearsay but I've been a CEO for 15 years, 3 countries and at least 6 companies and never managed to get a board member jailed in my place yet. :)
That's not really relevant to a small charity with no staff - the board will be doing the day to day running of the company.
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