Board of Trustees

Board of Trustees - a board of trustees is a group of people who are responsible for overseeing a non stock company. A  Board of trustees is found in places like Universities, mutual fund companies, non profit organizations or mutual savings banks.  The board of trustees is elected by depositors, or investors, and is responsible for protecting the company’s assets, set rules, elects officers and set and enforces company policies...  Some companies and non profit organizations operate with just a board of trustees, and elect a chief trustee, instead of an officers or management.