Can Members of the Audit commitee be on the finance committee also

[Guest rich appenzellar]

WE have had questions brought up about members of the board being on 2 commitees at the same time. Can amember be a member of the finance committee and audit commitee at the same time. I feel as thought there is no conflict of interest. Please help me if you can. Rich Appenzellar Executive Director Palms Estates of Highlands County

[Guest Edgar]

No rule in RONR prohibits it.

(Note that this may be be our #1 stock answer.)

[sMargaret]

#2 stock answer - check your bylaws to see if your bylaws refer to this situation.

Another mention is that conflict of interest is not terribly of interest to RONR - a member ought to refrain from voting on a matter in which he or she has a direct personal or pecuniary interest, but is not compelled to. Again, your bylaws may differ.

[jstackpo]

Equaled only by "Check your bylaws."