Elaine Vechorik

Board members face breach of fiduciary duty

December 15, 2012

Mississippi aldermen and supervisors do not have the authority to delegate their power to a regional development agency. Elected board officials cannot exceed the authority granted to them, nor put their interests above voters’ interests. Such action exceeds the board’s authority, it is illegal and it places board members in danger of a claim for […]

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Tags: aldermen, authority, breach of fiduciary duty, civil court, Mississippi, regional economic development, supervisors
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