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Suing Officers and directors


Jayadev

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Our board of directors (a not for profit organization) passed the following. My question is does this bylaw violate any Rules?

Thanks

Jay

the bylaw is

Bylaw: Directors addressing grievances

If any Director has any grievances he/ or she shall be entitled to due process by appealing to the board of Directors. The Board shall deliberate the issue and make a decision with in 15 days. If not satisfied with the Board's decision he/ or she can appeal directly to the Regular or Special General Body. The decision of the General body is final.

A Director shall not initiate any legal proceedings in any court of law against the the organization or the Board of Directors as long as he/she continuing as Director of organization. He/ or she shall resign from Directorship before initiating such legal action.

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The bylaws take precedence over RONR, so there's no fear of violating any of the rules in RONR.

States often have procedural rules for corporations. Check with an attorney to see if any applicable laws are being violated.

I thank all of you for your responses.

Regards

Jay

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