Post a New Topic
Original post made
on Oct 11, 2013
I say The Fiddler took the $....
This incident is an unfortunate warning to all who are directors of California non-profits. First - directors are responsible for the operations and the check on finances of the organizations they take formal responsibility for. Second, under California non-profit law*, directors are able to have access to all accounting books of the corporation. This means, the books, and all the finances, are not protected from individual director scrutiny. Any single director, thinking something 'fishy', is allowed to check the books without a majority vote of other directors!
To my way of thinking, there are also some directors of this non-profit, who should offer their resignations, so they may be replaced by better directors.
*(California Corporations Code, Title 1, div 2, part 2, chapter 13 = SECTION 6334)
Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.
Post a comment
Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online.
Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information
We prefer that you use your real name, but you may use any "member" name you wish.
Select your neighborhood or school community: * Not sure?
- Bailey Park
- Blossom Valley
- Castro City
- Cuesta Park
- Jackson Park
- Monta Loma
- North Bayshore
- North Whisman
- Old Mountain View
- Rengstorff Park
- Rex Manor
- Shoreline West
- St. Francis Acres
- Stierlin Estates
- Sylvan Park
- The Crossings
- Waverly Park
- Whisman Station
- another community
Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.
Draeger’s Los Altos eyes upgrades, expansion
By Elena Kadvany | 4 comments | 3,078 views
Housing is for People
By Steve Levy | 29 comments | 2,080 views
College Visit: Lehigh and Lafayette
By John Raftrey and Lori McCormick | 4 comments | 1,439 views
Is Coffee a Date?
By Laura Stec | 13 comments | 947 views
The Opposite of What You Don't Want
By Caroline Fleck | 0 comments | 413 views
Home & Real Estate
Shop Mountain View
Send News Tips
Circulation & Delivery
Palo Alto Online
© 2015 Mountain View Online
All rights reserved.