Association Safeguards: A 12-Step Program to Protect You and Your Association
Twelve Steps to Safeguard You and Your Association
- Have your attorney conduct a legal audit/checkup
- Have all insurance policies reviewed by your attorney for coverage, as well as compliance with your governing documents.
- Amend your Articles of Incorporation to limit board member liability for breaches of fiduciary duty.
- Amend your Bylaws to provide for broad indemnification (reimbursement) of directors.
- Amend your Declaration to eliminate obsolete, poorly worded and unworkable provisions.
- Upgrade your D & O insurance to provide comprehensive coverage for acts including injunctive relief, and for individuals, including committee members and your manager.


