The role of the board is to oversee the operations of the cooperative. In short, this means that you are in charge of hiring, terminating and overseeing the operations of management and other professionals.
Understanding how the cooperative works and your role in corporate governance is critical to building a community that functions well as a unit. Some issues to familiarize yourself with include election processes and other member-board relations. A skilled attorney can help you address any questions and develop a set of rules, regulations and policies that establish governing procedures and appropriate responses to particular issues.
Our firm has been serving the needs of cooperative housing boards since 1989. We have an in-depth knowledge of how they function, and more importantly, how they function best. Our lawyers understand how to effectively deal with almost any legal matter, including:
- Member-board relations
- Drafting and review of governing documents
- Petitions to remove members from the board
- Establishing the authority of officers
- Evaluating management agencies
- Issues of confidentiality
- Learning what it means to be a fiduciary
Contact a Co-Op Corporate Governance Attorney
Pentiuk, Couvreur & Kobiljak, P.C., resolves corporate governance issues for cooperatives. Our firm proudly develops creative, legally sound solutions that meet the needs of the board and other housing members. Our lawyers have more than a century of cooperative housing law experience and are committed to providing you with responsive advocacy and knowledgeable representation.
We represent clients nationwide from our offices in Greater Detroit and Chicago. To learn more about how we can help your corporation operate more efficiently, contact us online or via phone at 734-237-6406.