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Serious Business Are Club Boards Prepared for their Fiduciary Duty?

PRIVATE CLUB GOVERNANCE is about much more than just having a voice in the decision-making process. Board members assume a fiduciary duty to the club and to their fellow members to preserve, protect and grow the club’s assets. While some clubs are doing well, Club Benchmarking data confirms that many more have considerable work to do if they are going to be sufficiently prepared for the next economic downturn.

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