All incorporation does is that the liability of the corporation is limited
to its assets. It has no meaning at all in terms of someone being able to
sue the officers and directors individually -- ain't America great. This is
more like Erik, Scott and I have described it.
David
----- Original Message -----
From: "Kathy Olson" <kathy@thekrib.com>
To: <aga-sc@thekrib.com>
Sent: Friday, February 27, 2004 12:09 PM
Subject: Re: [AGA SC] Insurancer
Yeah, I don't think we have a lot of liability, but was wondering what the
insurance was. I know NEC use to carry it for all the clubs.
Basically it would be for something going wrong at a convention. Some
crazy person like Novak/PetsWarehouse thing deciding to go after
someone...the thing with Novak is that the person can have no grounds but
the legal fees are a bit.
Does incorporation protect the board for the AGA?? I wonder? Anyone have
an attorney friend to ask as a curbside...informal never hold it too you
opinion.
Kathy
On Fri, 27 Feb 2004, S. Hieber wrote:
Some member trips at the convention and sues the hotel for
negligiently having trippy conditions who in turn sues the
AGA and each of its Directors for negligiently not keeping
it's members away from the clearly marked trippy place. The
member in turns sues the AGA and each of its Directors for
the same thing.
The AGA and it's directors then in turn sue . . . oh rats,
that's where it ends.
sh
--- Cheryl Rogers <cheryl@wilstream.com> wrote:
I guess this is a stupid question, and probably covers
old ground, but
under what circumstances might I need professional
liability
insurance? Can someone give me a for instance?
David Lass wrote:
Since no one has responded to the quotes I went and got
for the
professional liability insurance I am presuming that we
are not
interested in this. If anyone disagrees please let me
know and/or make a
motion that we sign up for it.
David
David Lass
Northeast Field Manager
NexPet -- A Group for Independent Pet Retailers
781.581.1788
davidlass@villasunscape.com
<mailto:davidlass@villasunscape.com>
--
Cheryl Rogers, Membership
Aquatic Gardeners Association
http://www.aquatic-gardeners.org
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=====
S. Hieber
- - - - - - - -
Amano Returns
to the AGA Annual Convention
Nov 2004 -- Baltimore
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