1735 Authority to enter contracts

[podcast src=”https://html5-player.libsyn.com/embed/episode/id/5686206/height/90/width/450/theme/custom/autonext/no/thumbnail/yes/autoplay/no/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/c30000/” height=”90″ width=”450″]How do you know whether a representative has the authority to enter into an agreement on behalf of an organization? In short, the governing documents and resolutions of the board of directors can authorize a representative. But many organizations are not careful with following these formalities. Josh discusses what can go wrong when they don’t, using the case discussed in this post as an example.

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N.Y. Sup. Ct.: $1 million religious arbitration award vacated due to lack of authority of synagogue officer who signed arbitration agreement

N.Y. Sup. Ct.: $1 million religious arbitration award vacated due to lack of authority of synagogue officer who signed arbitration agreement. The person who signed an arbitration agreement between a New York synagogue and Kars4Kids held himself out as the synagogue’s president but lacked authority to sign. The trial court vacated the arbitration award on that basis. Religion Clause reports on Matter of Young Israel of Eltingville, Inc. v Oorah, Inc., (N.Y. Sup. Ct.., June 30, 2017) here.