Re: [RC] Kids, ponies and distance riding... Get a grip people - MagnumsmomTruman Wrote:> Under the law the primary responsibility of a BOD member is a fiduciary responsibility to the > corporation. If the liability risk was such that the AERC could be found "negligent" and as a > result could be held liable in the case of a small child being hurt as a result of an endurance > ride and put the corporation at risk - the BOD's fiduciary responsibility to the corporation > would require a them to take steps to mitigate this risk.? The mitigation of potential harmful > risk to the corporation is the responsibility of all board members of any incorporated entity - > independent of its purpose. > > The question gets right back to how would such an incident be viewed by a "jury of peers" > as to the risk to the AERC and the responsibility of the BOD to deal with the risk. > > Truman ... and thus the reason why the AERC should leave *total* responsibility where it belongs... with the *Parent*. Kathy Myers in Santa Fe, NM
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