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Businesses and corporations have responsibilities to their owners, customers and stockholders. Before becoming a board member, understand the attendant duties and responsibilities; know the hazards of serving as a Director, and how to avoid them; understand your liability under the securities laws. Risk of suits by homeowners associations; protection from actions by shareholders, employees, and regulatory agencies; distributions to shareholders; director compensation; the Business Judgment Rule; and the Sarbanes-Oxley Act of 2002 are all alive and well in today’s business-driven world. Iannelli& Associates can answer these questions before you are put at risk.

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