District of Columbia Board Member Agreement

State:
Multi-State
Control #:
US-ENTREP-0022-5
Format:
Word; 
Rich Text
Instant download

Description

Under wellestablished principles of nonprofit corporation law, a board member must meet certain standards of conduct and attention in carrying out his or her responsibilities to the organization. Several states, in fact, have statutes adopting some variation of these duties that would be used in court to determine whether a board member acted improperly. These standards are usually described as the duty of care, the duty of loyalty, and the duty of obedience.
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FAQ

District law defines a "business" as: ?Any trade, profession, or activity which provides, or holds itself out to provide, goods or services to the general public or to any portion of the general public, for hire or compensation in the District of Columbia.?

Council Structure The Council is comprised of 13 members (Meet the Council) ? a representative elected from each of the eight wards and five members, including the Chairman, elected at-large.

(15) ?Doing business? means any activity of a partnership, corporation, or financial institution that enjoys the benefits and protection of the government and laws of the District.

Sole proprietors and general partnerships don't need to file business formation paperwork. (They will, however, need a DC business license.) If you're starting an LLC or corporation, you'll need to file paperwork with the DLCP. This step officially makes your business a separate legal entity.

A home occupation is a business, profession or other economic activity conducted full- or part-time in the principal residence of the person conducting the business. This permit is required for operating a business from your home.

A Washington DC DBA is any name used to identify a business other than its legal business name. In Washington DC, DBAs are referred to as trade names, and you're legally required to register any trade name you use with the district.

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District of Columbia Board Member Agreement