Recent comments in /f/boston

Caraless_While22 OP t1_jdyiksk wrote

If only it was written in plain English, so the average person could understand it. This is an excerpt from the conflict of interest section that seems to me like he can do whatever he wants..

It is understood and permissible for the Initial Board hereunder and any other trustees designated by the Initial Board or who are employed by or affiliated or associated with the Declarant, to contract with the Declarant and any corporation, firm, trust or other organization controlled by or affiliated or associated with the Declarant without fear of being charged with self-dealing.

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RockHockey t1_jdyh39n wrote

What does it say about Conflicts of Interest? The one I have says basically that the sole trustee can't contract with himself since there are no other trustees to ratify his action... but IANAL

Section 4.6. Self-Dealing and Trustees' Bonds and Liability. ....

Provided, however, that such contract, transaction or act shall be duly authorized or ratified by 100% of the Trustees who are not so interested and to whom the nature or such interest has been disclosed.

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bestcasescenario999 t1_jdygu1z wrote

I don't think there are many other neighborhoods in the city where there's more than one place to get a loaf of fresh baked bread from a place that isn't part of a chain which is pretty cool. Just walking around the side streets is a different vibe than the rest of the city and most cities in the US. Parla also rocks.

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