In article ,
(Larry Stoter) wrote:

If a charity becomes bankrupt,
its trustees are personally responsible for the debts.

That's an extremely common misconception. They might just be liable for
some of the debts if they have been dishonest or incredibly stupid. The
situation is a very long way from trustees being automatically liable.

For an example of the Charity Commission dealing with an insolvent
charity,see
http://www.charity-commission.gov.uk...yreports/milex
trainingcentre.asp

Steve Harris - Cheltenham - Real address steve AT netservs DOT com