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Board member profiting

Guest S lovett

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Some organizations have rules against a board member having a business relationship with the organization.  Some don't.

RONR itself does not have such a rule. Your bylaws would be the place to look.  Also there may be state regulations regarding non-profits that addresses the question. 

And of course the board could simply vote against approving any contract with a board member, should such a question come before them.  RONR does say that a member with a pecuniary interest not in common with other members should not vote on questions regarding that interest.  But it does not outright prohibit such a vote.

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