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Date: | Sun, 11 Feb 2007 13:14:50 -0800 |
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What you want to do is look for insurance companies
that specialize in, or have a lot of experience with,
non-profits. Then, you can seek bids which include
legal protection for board members and officers.
When I became Treasurer of the Andrew Carnegie Free
Library and Music Hall, Carnegie PA, in 1995, the
Board was concerned whether I needed to be bonded.
After investigating, it turned-out that our insurance
coverage was sufficient for our needs.
gaw
--- Mark Occhioni <[log in to unmask]> wrote:
Date: Sat, 10 Feb 2007 17:33:58 -0500
From: "Mark Occhioni" <[log in to unmask]>
Subject: [MUSEUM-L] Board of Directors Indemnity
Clause
To: [log in to unmask]
> We are a small organization in New York State that
> is in the process of
> becoming a not-for-profit corporation and we are
> wondering what other
> not-for-profit organizations do, if anything to
> indemnify Board members?
>
> The organization is a reenactment group with a
> purpose of educating on
> what life would have been like in the mid 1600's to
> the mid 1800's.
>
> I was wondering if anyone had an indemnity clause in
> their By-laws or
> constitution and if so would be willing to share the
> verbiage.
>
> I belong to another historical society and cannot
> find any clause in
> those by-laws or constitution that would indemnify
> Board members.
>
> Please feel free to reply to me off list at
> [log in to unmask]
>
> Thanks in advance for any help.
>
> Mark Occhioni
> Town of York Historical Society
> http://www.yorkhistorical.org
> <http://www.yorkhistorical.org/>
gaw
Glenn A. Walsh
Electronic Mail - < [log in to unmask] >
NEWS - Astronomy, Space, Science:
< http://buhlplanetarium.tripod.com/#news >
Author of History Web Sites on the Internet --
* Buhl Planetarium, Pittsburgh:
< http://www.planetarium.cc >
* Adler Planetarium, Chicago:
< http://adlerplanetarium.tripod.com >
* Astronomer & Optician John A. Brashear:
< http://johnbrashear.tripod.com >
* Andrew Carnegie & Carnegie Libraries:
< http://www.andrewcarnegie.cc >
* Duquesne Incline cable-car railway, Pittsburgh:
< http://www.incline.cc >
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