Board Member

Company: Confidential
Location: New Brunswick
Posted on: November 16, 2023

Job Description:

SECTION 2.1: Board of Trustees Powers and Duties, Non-Membership Corporation. The management of the property, business, affairs, and finances of the Corporation shall be vested exclusively in a Board of Trustees. The Board shall exercise all the powers and authority of the Corporation, in accordance with its Certificate of Incorporation and these bylaws. Trustees shall fulfill their fiduciary duties in good faith, with that degree of diligence, care and skill which ordinary, prudent persons would exercise under similar circumstances in like positions. They shall act in a manner which is consistent with the principles of honesty, integrity, diligence, loyalty to the Corporation, obedience to the laws governing the Corporation's programs, and prudence in the exercise of due care for the benefit of the Corporation. The Board may delegate any of the duties, powers and authority of any officer to any other officer or Trustee. This Corporation shall not have members.

SECTION 2.8: Meetings
A. Regular Meetings. The Board of Trustees shall hold at least six (6) Regular Meetings during the year at a time and place to be determined by the Board. Regular periodic Meetings of the Board of Trustees or a Committee thereof may be held at such times and at such places as may from time to time be determined by the resolution of the Board of Trustees or Committee.

SECTION 2.11: Telephonic Participation. A Trustee may participate in any Meeting by means of a conference telephone call or other electronic communications by means of which all persons participating in the Meeting can hear each other. Such participation in a Meeting shall constitute being present at the Meeting.

Keywords: Confidential, New Brunswick , Board Member, Other , New Brunswick, New Jersey