Serving on a Not-for-profit Board: What attorneys need to know about obligations and potential personal liability


CLE credits earned: 2 General Credits (WA 2 Law and Legal)

Volunteering for a not-for-profit organization can make a meaningful contribution to your community and be an opportunity to share a passion with others. As a volunteer board member, and particularly as an attorney, it is important to be aware of your obligations and potential personal and professional liability exposure. There are best practices to mitigate these risks and there are legal protections afforded to board members for not-for-profit organizations. You can minimize risks by being aware of the legal responsibilities, actively exercising diligence, and making informed and educated decision on matters before the board of directors.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•   What are the Fiduciary Duties of Board Members of a Not-For-Profit Organization and how can Not-For-Profit Board Members Satisfy these Fiduciary Duties
•   Business Judgment Rule and Volunteer Protection Acts
•   Indemnification and Insurance
•   Case Law Decisions regarding Claims against Not-For-Profit Board Members

Date / Time: October 25, 2021

•   2:00 pm – 4:00 pm Eastern
•   1:00 pm – 3:00 pm Central
•   12:00 pm – 2:00 pm Mountain
•   11:00 am – 1:00 pm Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 5 business days after the original recording date and are view-able for up to one year.
Closed-captioning available

Select your state to see if this class is approved for CLE credit.

Choose the format you want.


Original Broadcast Date: March 10, 2021

Laurie A. Martin Montplaisir_Robbins, Salomon & Patt, Ltd._myLawCLELaurie A. Martin Montplaisir | Robbins, Salomon & Patt, Ltd.

Laurie A. Martin Montplaisir concentrates her practice in the areas of finance, secured lending, corporate transactions, participations and workouts, and business acquisition and sales, with an emphasis in the asset based lending and factoring industry. Laurie represents small to middle market businesses in various life-cycle phases. She also frequently serves as outside general counsel on a myriad of legal issues related to business formation and structuring, financing, contract negotiation and drafting, transactional matters, employment matters, general business needs, and litigation. Laurie is currently serving on a not-for-profit organization in her community. Laurie also is the Founder of the International Factoring Association (IFA) Midwest Chapter established October 2018.  She often is a lecturer for the IFA, conducting webinars and seminars, and participating as a legal moderator at annual conference legal panels.

Accreditation Policy
myLawCLE seeks accreditation for all programs in all states except, ME, VA, and WV. Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.

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Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except NV, OH, MS, IN, UT, PA, GA, and LA —these states require in-person attendance to qualify for “Live” CLE credit.

    “Live” Re-Broadcasts

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Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, HI, CT, ME, MO, ND, NJ, and NY. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

I. Fiduciary Duty of Care | 2:00pm – 2:13pm
II. Fiduciary Duty of Loyalty | 2:13pm – 2:25pm
III. Five Ways to Satisfy Fiduciary Duties of Not-For-Profit Board Members | 2:25pm – 2:38pm
IV. Additional Personal Liability Situations | 2:38pm – 2:51pm
V. Business Judgment Rule | 2:51pm – 3:04pm
VI. Volunteer Protection Acts | 3:04pm – 3:17pm
VII. Indemnification | 3:17pm – 3:32pm
VIII. Insurance | 3:32pm – 3:45pm
IX. Review of Case Law Decisions regarding Claims against Not-For-Profit Board Members | 3:45pm – 4:00pm