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Re: [RC] Kids, ponies and distance riding... Get a grip people - Magnumsmom

Truman Wrote:

> Under the law the primary responsibility of a BOD member is a fiduciary responsibility to the
> corporation. If the liability risk was such that the AERC could be found "negligent" and as a
> result could be held liable in the case of a small child being hurt as a result of an endurance
> ride and put the corporation at risk - the BOD's fiduciary responsibility to the corporation
> would require a them to take steps to mitigate this risk.? The mitigation of potential harmful
> risk to the corporation is the responsibility of all board members of any incorporated entity -
> independent of its purpose.
>
> The question gets right back to how would such an incident be viewed by a "jury of peers"
> as to the risk to the AERC and the responsibility of the BOD to deal with the risk.
>
> Truman


... and thus the reason why the AERC should leave *total* responsibility
where it belongs... with the *Parent*. 

Kathy Myers
in Santa Fe, NM