Lenders may require independent personnel to serve on boards of single purpose entities (SPE's). SPE's are created to protect assets in large real estate transactions. Typically the duties of an Independent Director are defined and limited by the organizational documents of an entity as well as a separate agreement with the Independent Director.
Registered Agent Solutions, Inc. is pleased to be able to provide independent directors services. RASi has been in business for over 15 years and our independent personnel have over 40 years of collective experience with these types of transactions. We have firsthand experience working with entities in distress and are familiar with the fiduciary duties of a director in a company that is insolvent or entering the zone of insolvency.
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