Duty of Obedience—Ensuring the nonprofit is continually in compliance with its bylaws and all other laws and regulations. Considering each nonprofit is unique in its own right, board member responsibilities will vary beyond the basics. As an organization grows, the board is responsible for adjusting...
Its basic function is supervising insurance companies, insurance brokerages, legal entities connected to insurance companies and the National Insurance Bureau, as well as issuing and suspending licenses, handing down supervision measures, passing bylaws and putting forward proposals for passing laws, joinin...