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Conflict of interest when voting


Lorna Eadie Hocking

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IPP seeks approval to spend $x on a trip to visit Directors A and B in order to make a presentation to them and others. The matter requires Board approval - should IPP (a Director) and Directors A and B individually or collectively deemed to be in a conflict of interest positioning therefore cannot vote on the approval or may they vote?

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On 1/14/2022 at 12:13 PM, Lorna Eadie Hocking said:

IPP seeks approval to spend $x on a trip to visit Directors A and B in order to make a presentation to them and others. The matter requires Board approval - should IPP (a Director) and Directors A and B individually or collectively deemed to be in a conflict of interest positioning therefore cannot vote on the approval or may they vote?

See if FAQ#9 can be of help. https://robertsrules.com/frequently-asked-questions/#faqs  Be sure to click on the down arrow to read the whole FAQ.

Edited by George Mervosh
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On 1/14/2022 at 12:13 PM, Lorna Eadie Hocking said:

IPP seeks approval to spend $x on a trip to visit Directors A and B in order to make a presentation to them and others. The matter requires Board approval - should IPP (a Director) and Directors A and B individually or collectively deemed to be in a conflict of interest positioning therefore cannot vote on the approval or may they vote?

No, they may both vote.

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