Asked by Cherry on 03-03-2021 15:56:36
Question posted in the General Law category relating to Eastern Cape
i know that corporate directors, members of a CC and trustees of trusts can be held to be responsible for "reckless trading" if their entity goes insolvent for some reason. Does this apply to the members of church committees? For example, those serving on finance committees where decisions taken by the committee may ultimately contribute to the church becoming insolvent.
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