Fiduciary Duty

Last Updated on June 9, 2026 by Hannah Seeley

All board members have a fiduciary duty to the members and the organization. This is both a legal and an ethical responsibility to act in the best interests of your members. This responsibility means board members must make impartial, fair decisions with care. It also means they need to disclose any conflicts of interest or potential for personal gain. Most bylaws prohibit board members from breaching their fiduciary duty; in many cases, this violation is enough to impeach a board member.

« Back to SBS Glossary