What is NSAC's Cooperative Learning Network?
A NSAC Cooperative Learning Network is a live, interactive 60-minute conference presented over the telephone and over the Internet. You can attend from any location that has telephone and Internet access. You pay just one registration fee for as many participants as you wish at each call/log-in location.

Note that high-speed Internet access is not mandatory – the system works with dial-up but you must have separate connections for the audio and video portions. You may use cell phones for the audio if you have only one connection.

Who presents at one of these sessions?
Your Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. Conferences typically include a Q&A session; you can ask questions by phone or instant messaging options.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Registrants if unable to participate will be provided credit for a future CLN or may opt to be sent a copy of the CLN PODCast following the event. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the session meeting room. Sessions include one CPE Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

No wasted time. Get right to the heart of the matter in a 60-minute session designed to easily fit into your busy schedule.

No airlines. No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk or conference room.

A telephone and computer are all the equipment you need. Just dial in and log-in to the system. That's it.

Ideal for multiple attendees.
Use a speakerphone and projector and invite as many people as you want to participate - at no extra cost to you.

NSAC Cooperative Learning Networks are a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

Cooperative Learning Network

Boot Camp for Cooperative Directors - Part 2
Date: Wednesday, August 27, 2014
Time: 12:00 PM ET / 11:00 AM CT / 10:00 AM MT / 09:00 AM PT [Prevailing Time]
Presenter(s): Daniel S. Welytok and Ty H. Thompson
Objective: This course examines the potential liability that come with being a director, what safeguards are provided by law, and how personal liability might in any event attach.
Field of Study: Personal Development
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
Serving as a cooperative director has its own unique set of challenges. A director’s role is relatively straight-forward when the rules are followed, but when the rules are unclear or are simply ignored, things can get challenging. This course is designed for cooperative directors and those that advise them, and will clarify what duties a director owes, proper board procedure and how to deal with defects in board meetings, how a director can be sued or otherwise be held personally liable for his/her actions or actions of the board, what protections are available to shield a director from liability and “best practices” to avoid problems in the first place. The Boot Camp for Cooperative Directors course topics will be discussed using illustrations from real-life situations with the goal of helping directors avoid getting caught by surprise.

Part 2 of the course examines the potential liability that come with being a director, what safeguards are provided by law, and how personal liability might in any event attach. Part 2 will cover:

•The business judgment rule and situations where it does not apply.
•Director indemnification and when personal liability might apply.
•Best practices on how to deal with renegade directors.
•Procedures for removing directors.

Presenter Bio(s)
Daniel S. Welytok is a shareholder in the Milwaukee office of von Briesen & Roper S.C., where he practices in the business area, with an emphasis on tax-favored organizations and cooperatives. Dan is a member of the National Society of Accountants for Cooperatives, the Electric Cooperative Bar Association, and a frequent contributor to The Cooperative Accountant. He has served in numerous leadership roles in professional associations, including the American Bar Association’s Advisory Committee, articles editor for The Tax Lawyer and chair of the ABA Tax Law Committee, Young Lawyers Division. Dan is also an active member of the Great Lake Tax Exempt Government Entities Council, where he has served as chair and Great Lakes Area liaison with the Internal Revenue Service, and he is a member of the Board of Directors of the Wisconsin State Bar Section of Taxation. He is a frequent speaker and author and has edited, authored and contributed to a number of law-based books, including Nonprofit Law and Governance for Dummies, Sarbanes-Oxley for Dummies and The Wisconsin Guide to Nonprofits. Dan received his law degree from the University of Wisconsin Law School in 1987 and his Masters of Law in Taxation from DePaul University College of Law in 1990.

Ty Thompson is Chief Member Counsel for the National Rural Electric Cooperative Association in Arlington, Virginia. He is part of NRECA’s Office of General Counsel. A native of Raleigh, North Carolina, Ty graduated magna cum laude in Industrial Engineering from North Carolina State University in 1987. After working approximately two years as an Inside Sales Engineer in Charlotte, N.C., Ty attended the University of North Carolina School of Law in Chapel Hill and graduated in 1992.

After working briefly for a personal injury law firm in Durham, N.C., Ty practiced law four and one-half years at Crisp, Page, and Currin in Raleigh. While there, Ty worked extensively with electric cooperatives. In July 1997, Ty began working for NRECA. At NRECA, Ty works primarily with electric cooperative tax, corporate governance, and operational legal issues. In addition, Ty is an Editor for NRECA’s monthly Legal Reporting Service; presents at NRECA’s annual Legal Seminar; assists with NRECA Course 925.1, “Cooperative Bylaws: Guiding Principles and Current Issues;” researches and drafts sample electric cooperative documents like NRECA’s Bylaw Revision Guide; speaks at various conferences, seminars, and meetings regarding electric cooperative legal issues; counsels NRECA regarding corporate governance legal issues; and serves as Parliamentarian for the NRECA Board of Directors.

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org