By Anton Kelly


Difficulties could arise in a number of ways. A director should make sure that the company’s name is stated on any cheque, letter or invoice that he or she signs. He or she must also, as far as reasonably possible, make sure that the contents of reports, returns, certificates and financial statements that he or she signs are accurate. Where documents must be kept in specific ways or submitted to the Registrar of Companies from time to time, a director must ensure that these requirements are met.
Directors should not be reluctant to seek professional advice when they are unsure of something. It is also usual and sensible for the HOA to take out liability insurance that covers its directors and officers for possible liability.
Article reference: Paddocks Press: Volume 6, Issue 1, Page 3Anton Kelly is one of the Course Conveners of the Paddocks Home Owners’ Association Management course. The next course starts 21 February 2011.
This article is published under the Creative Commons Attribution license.