The phrase "a board to require" is not correct and does not convey a clear meaning in written English.
It seems to be an incomplete thought and lacks context to determine its intended use.
Example: "The committee proposed a board to require compliance with the new regulations."
Alternatives: "a panel to mandate" or "a board to enforce".
Accordingly, Mr. Brill said, unless there is language in the governing documents permitting the board to require a deposit, the letter writer can demand repayment of his $6,000.
The writer's best option is to notify the unit owners of this issue and call a special meeting with the board to require it to abide by the rules in the offering plan.
Since public pensions are protected by state laws and constitutions, they have urged the accounting board to require a rate like the one for safe investments like Treasury bills.
In Paramount, the Supreme Court noted that "[t]o the extent that a contract, or a provision thereof, purports to require a board to act in such a fashion as to limit the exercise of fiduciary duties, it is invalid and unenforceable". In Omnicare, the Supreme Court made a similar observation.
Revlon duties require a board to obtain the highest price reasonably available when a change of control happens at the company.
Second, while a go-shop provision is not mandated under Delaware law, companies feel that it helps them satisfy their so-called Revlon duties, which require a board to get the highest price reasonably available in a sale of the company.
But the new guidelines require a board to staff its audit committee, the liaison to the independent auditors, with outsiders who can count beans with the best of them.
And since most proprietary leases do not contain a specific provision requiring a board to execute a recognition agreement for sponsor sales, the board would have the power to decline to do so.
Shifting work from hospitals to primary care requires a board to make internal changes, rather than one organisation losing out to another.
In essence, I propose a statutory rule requiring a board to remain neutral in the face of such an offer unless the company's certificate of incorporation allows otherwise.
