 | Beverly A. Browning - 2005 - 174 pages
...make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of,...whether to enter into the transaction or arrangement. a. If the governing board or committee has reasonable cause to believe a member has failed to disdose... | |
 | Lisa Runquist - 2005 - 138 pages
...reasonably possible under circumstances not producing a conflict of interest, the board or committee will determine by a majority vote of the disinterested...Organization's best interest, for its own benefit, and fair and reasonable to the Organization. It will make its decision as to whether to enter into the... | |
 | Michael I. Sanders - 2007 - 954 pages
...not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote...directors whether the transaction or arrangement is in the Corporation's best interest and for its own benefit and whether the transaction is fair and reasonable... | |
 | Jay Brown - 1997 - 1666 pages
...not reasonably attainable under circumstances that would not give rise to a conllict of interest, the board or committee shall determine by a majority vote...directors whether the transaction or arrangement is in the Corporation's best interest and for its own benefit and whether the transaction is fair and reasonable... | |
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... transaction or arrangement. c. After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that... 