by Dave Thomas | Nov 30, 2012 | Societies and Charities Articles
What is the issue? A question reasonably frequently asked of me is whether a general meeting of members can over-rule decisions of a society’s executive committee or direct the committee to do something. Such questions are not capable of a definite answer, and before...
by Dave Thomas | Nov 16, 2012 | Societies and Charities Articles
Prudent trustee obligations In Re Mulligan (Deceased) [1998] 1 NZLR 481 a trustee company, along with the executors of a widow trustee’s estate, were held liable for the financial consequences of failing to preserve the capital value of the testator’s estate and...
by Dave Thomas | Nov 16, 2012 | Societies and Charities Articles
Statutory provisions Section 20(1), Incorporated Societies Act 1908, provides that “No society shall do any act of such a nature that if the doing thereof were one of the objects for which the society was established the members of the society would be deemed to be...
by Dave Thomas | Nov 2, 2012 | Societies and Charities Articles
Beyond just conflicts of interest I discussed the management of conflicts of interest in societies and charities in an earlier article. Apart from conflicts of interest, there may be conflicts of loyalty arising from the other activities or commitments of people in...