Arkansas Attorney General Reports January 28, 1987 (Opinion No.)
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United States · · · 28-01-1987
Senator Allen Gordon 105 South Moose Morrilton, AR 72110 Dear Senator Gordon: This letter is in response to your request for an official opinion on the following questions: 1. Under what circumstances is a Director of a non-profit corporation personally liable for action taken by the Board? 2. Under what circumstances is a Director of a non-profit corporation personally liable for failure to act?
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