[podcast src=”https://html5-player.libsyn.com/embed/episode/id/5686206/height/90/width/450/theme/custom/autonext/no/thumbnail/yes/autoplay/no/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/c30000/” height=”90″ width=”450″]How do you know whether a representative has the authority to enter into an agreement on behalf of an organization? In short, the governing documents and resolutions of the board of directors can authorize a representative. But many organizations are not careful with following these formalities. Josh discusses what can go wrong when they don’t, using the case discussed in this post as an example.
Related
- Matter of Young Israel of Eltingville, Inc. v Oorah, Inc., (N.Y. Sup. Ct.., June 30, 2017)
- 1729 Conflicts of Interest overview
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