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Condominium Associations › Community Associations › Fiduciary Duty

Ward and Smith, P.A.

Who Wants to be a Director? Understanding Community Association Board Member Fiduciary Duties

Ward and Smith, P.A. on

The law provides that nonprofit corporations, including community associations, must "act" through their board of directors. The board of directors is (typically) made up of community members who volunteer to serve as...more

Ward and Smith, P.A.

Call of [Fiduciary] Duty: How Good Faith, Due Care, and Loyalty Guide Community Associations' Boards

Ward and Smith, P.A. on

Nearly 30 percent of North Carolina's population lives in a community association of some sort, be that a condominium or single-family community. Yet, confusion among the general population about the nature of community...more

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