Powers of the Board

(condensed from our current Bylaws)

Briefly, the Board has the authority to run the organization, but does so on behalf of its members. Members can vote to remove people from the Board, and appoint others to it.

Board members are accountable for enforcing laws and ensuring solvency of the Lab. The business affairs of the Lab shall be managed, and all corporate powers shall be exercised by or under the direction of the Board. The Board may delegate the management of Lab activities, but all corporate powers shall be exercised under the ultimate direction of the Board. The Board shall have the power to appoint and remove all officers, agents, and employees; change the location of the Lab; and borrow money and incur debt on the Lab's behalf. No more than 49 percent of the persons serving on the Board may receive compensation for services rendered, or be a relative of someone who does.

Expectations of Board Members

Tasks That Need Doing