This resource informs co-op boards and managers on handling directors in arrears. It provides practical tools and strategies for addressing the issue, including sample letters and policies. It also explains directors’ legal and financial implications in arrears and offers tips on preventing the issue from occurring in the first place.
Topics include: the role of the board in addressing arrears, communication strategies, legal considerations, and financial management.
CHF Canada’s resource centre is available to all members of CHF Canada member co-ops. If your co-op is a CHF Canada member, follow this link to sign up and get access to exclusive educational resources: https://chfcanada.coop/education-and-resources/member-access/