Written guidelines, annual agreements signed by board members may avert charges of self-dealing if directors are also vendors News of turmoil within the National Rifle Association over alleged self-dealing by members of its board raises a question among trade and professional association executives: Could it happen here? The short answer, say attorneys who specialize in this field, is that such potential conflicts of interest are rare, but associations should protect themselves with a prudent conflict-of-interest policy. "I don't think that it goes on a lot in practice," Douglas Varley, an attorney at Washington, D.C., law firm Caplin & Drysdale, said of situations… Read More