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Articles Tagged: account

Fiduciary duty rules for NYC Coop Boards

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Cooperative boards in New York City owe a fiduciary duty to the cooperative corporation and its shareholders. Fiduciary duty is a legal obligation that requires board members to act in the best interests of the cooperative and its shareholders, prioritizing the welfare of the corporation over […]

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