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Simple English definitions for legal terms

board of trustees

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A quick definition of board of trustees:

A board of trustees, also known as a board of directors, is a group of people elected by shareholders or members to make important decisions for a corporation, partnership, association, or other organization. They establish policies, elect or appoint officers and committees, and make other governing decisions. In charitable organizations, they are often called board of trustees. Some boards have staggered terms, meaning only part of the board is voted on in any single election.

A more thorough explanation:

A board of trustees is a group of people who are elected to govern and make important decisions for a corporation, partnership, association, or other organization. They are chosen by the shareholders or members of the organization to establish policies, elect or appoint officers and committees, and make other governing decisions.

For example, in a charitable organization, the board of trustees is responsible for overseeing the organization's activities and ensuring that it is fulfilling its mission. They may also be responsible for fundraising, managing finances, and hiring staff.

Another example is a corporation, where the board of trustees is responsible for establishing corporate policy, appointing executive officers, and making major business and financial decisions. They are elected by the shareholders and are accountable to them.

Overall, the board of trustees plays a crucial role in the governance and success of an organization.

board of trade | Board of Veterans' Appeals

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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