> What scares the sh&t out of me is being financially responsible for anything any volunteer ever does (and possibly that not being covered by the insurance). N

> What scares the sh&t out of me is being financially responsible for anything any volunteer ever does (and possibly that not being covered by the insurance). None of the comments so far mention that either. Is that fear overblown? I don't think it's overblown, and should be something to research and understand. I'm on the board of my condominium corporation (same idea as an HOA), and there are specific laws outlined in the Condominium Act here in Ontario around directors, as well as the corporation declaration and bylaws. To try and briefly summarize, there are two things that largely protect directors in my case. First, the corporations insurance policy, includes directors liability insurance. So the corporation is purchasing insurance that covers all directors. It's actually in the law that the condo corporation shall purchase this insurance if reasonably available. The second, is so that people actually volunteer for these boards, the laws for the most part will hold harmless a Director that is acting in good faith. And there is context, that the board is expected to be made up of individuals with various background and no specific expertise or qualifications. There are carve outs for certain specific breaches. But it's mostly in the realm of your not covered if you breach your duty to act in honesty and good faith. In other contexts I don't know the laws, as I operate on a board specifically governed by the condo act in Ontario. But if you are considering boards in other jurisdictions, I do believe it's prudent to do some due diligence and understand potential liabilities. But in most jurisdictions I'd expect fairly strong protections for board members.