[CCWG-ACCT] The Road to Dublin....

[Nigel Roberts]

This is the case for similar jurisdictions (such as the United Kingdom).

The Membership are the group of people who come together for a common 
purpose. They are the legal owners of the corporation. (In a non-profit 
they are generally restricted from selling up . .).

The Board are simply that body of people appointed (or elected) to 
manage the day to day operations of the corporation.

Legitimacy as well as legality derives from the bottom-up, not the top-down.



On 28/09/15 19:39, Carlos Raúl Gutiérrez wrote:
> Greg,
>
> a clarification please:
>
>
>>
>> The Membership of a US non-profit (here, a California Public Benefit
>> Corporation) has a power relationship to the entity's Board that is
>> unique (and uniquely powerful).
>
> Is this the case for the whole US or for California only?
>
> best
>
>
>
>
> Carlos Raúl Gutiérrez
> _____________________
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