fiduciary duties
The fiduciary duty of a board member is the duty to act with what is commonly called "business judgment," as discussed in Index, board/director/ARC decisions, standard for and specified in Utah Code § 16-6a-822.
The fiduciary duty of a board member is the duty to act with what is commonly called "business judgment," as discussed in Index, board/director/ARC decisions, standard for and specified in Utah Code § 16-6a-822.
For reference: 57-8 is the Condo Act, 57-8a is the Community Association Act, 16-6a is the Nonprofit Act.
