Directors' and officers' liability: a crisis in the making. A national survey conducted by Opinion Research Corporation and Research Strategies Corporation for Peat Marwick.

Abstract

The survey upon which this column is based was mentioned in the last issue of VAL in the special report on H.R. 911, an important bill for the voluntary sector introduced by Representative John Porter (R-Ill.) in February. H.R. 911 encourages states to exempt all volunteers from civil liability except for acts of willful and wanton misconduct. The survey results are reprinted here with permission from the report, Directors' and Officers' Liability: A Crisis in the Making, which was based on a study of national not-for-profit voluntary organizations, undertaken by Peat Marwick in cooperation with INDEPENDENT SECTOR.