Can a board of trustees be more than one person?

Generally there are more than one trustee , the trustees, with respect to each other, are referred to as co-trustees, and when acting jointly as a collective body are referred to as the Board of Trustees .The trustee should be at least someone capable and fit for executing the powers and duties honorably.

Is there limit to number of Trustees in trust?

And there is no limit to the number of trustees to hold the position in one trust.

Can a non resident act as a trustee of a trust?

But where the trust property is portable land, the trustee need not be stationed within any single jurisdiction. Non residency will not disqualify or preclude the trustee from carrying out his position; non residents of the state in which the trust is to be administered can be trustees. State law determines whether an alien can act as a trustee..

Can a Secretary of State be a trustee in India?

But the present view is that the Secretary of State for India is capable of being ,a trustee. Anyone capable of taking physical possession of or legal title of the property can be a trustee.

Who is the chairman of the Board of Trustees?

a) Immediately upon installation into office each year, the Board of Trustees shall elect one member of the Board as Chairman and another as Secretary. The Chairman is the only spokesman for the Board of Trustees when dealing with employees, members, or when making recommendations and/or reports to the Aerie floor.

Can a trustee serve on a condo board?

Additionally, the Division has ruled in several cases regarding trustees serving on a board of directors. A trustee of the trust that currently owns the unit is eligible to serve on the Association’s board of directors. See McWilliam v. Maya Marca Condo.

What are the duties of a board of Trustees in New Hampshire?

New Hampshire law establishes specific standards of conduct for nonprofit board members. These duties are the legal standards which guide all actions taken by the Board of Trustees in the management and oversight of charitable organizations.

Can a homeowner sue a HOA board member?

Unhappy homeowners can sue the HOA and the Board members individually for any number of reasons–for example, if the HOA fails to properly maintain a common area, or discriminates when enforcing a rule. The best protection against liability as an HOA Board member is to take what you do seriously.