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Legal Definitions - board
Definition of board
The term "board" has two distinct meanings in a legal and practical context:
1. A Group with Authority or Oversight
In this sense, a "board" refers to a formal group of individuals entrusted with managerial, supervisory, or advisory responsibilities within an organization. These groups typically possess significant autonomy and authority to make decisions, set policies, or oversee operations, distinguishing them from subordinate committees.
Example A: Corporate Governance
The Board of Directors for a publicly traded pharmaceutical company met quarterly to approve the annual budget, review executive performance, and decide on major mergers or acquisitions. They also appointed a new CEO after the previous one retired.
Explanation: This illustrates a board as a high-level group with managerial and supervisory powers, making critical decisions that guide the entire company's direction and operations.
Example B: Regulatory Oversight
A state's Licensing Board for Professional Engineers convened to review a complaint against an engineer accused of negligence in a building project. The board had the authority to investigate the claim, hold hearings, and potentially suspend or revoke the engineer's license.
Explanation: Here, the board acts as a supervisory body with regulatory authority, overseeing professional conduct and enforcing standards within a specific industry.
Example C: Non-Profit Leadership
The Board of Trustees for a local art museum was responsible for fundraising initiatives, approving the museum's exhibition schedule, and ensuring the institution's financial stability and adherence to its mission statement.
Explanation: This example shows a board in an advisory and managerial capacity, guiding a non-profit organization's strategic direction and financial health.
2. Provision of Meals
In this context, "board" refers to the provision of daily meals, often as part of a lodging or residential arrangement.
Example A: Residential Living
When a student enrolled in a university, their tuition package included "room and board," meaning the university provided both a dormitory room and a meal plan for the dining hall.
Explanation: This demonstrates "board" as the provision of meals included within a broader living arrangement, common in educational institutions.
Example B: Care Facilities
An elderly resident moved into an assisted living facility where the monthly fee covered their private apartment, medical assistance, and full "board," which included three prepared meals daily in the communal dining room.
Explanation: Here, "board" signifies the regular provision of meals as an integral part of the services offered by a residential care facility.
Simple Definition
A "board" primarily refers to a group of individuals entrusted with managerial, supervisory, or advisory powers within an organization. It can also denote the daily meals provided as part of a lodging arrangement.