(a) Tripartite boards have a fiduciary responsibility for the overall operation of the Eligible Entity. Members are expected to carry out their duties as any reasonably prudent person would do.
(b) At a minimum, board members are expected to:
  (1) Maintain regular attendance of board and committee meetings;
  (2) Develop thorough familiarity with core agency information as appropriate, such as the agency's bylaws, Certificate of Formation/Articles of Incorporation, sources of funding, agency goals and programs, federal and state CSBG statutes;
  (3) Exercise careful review of materials provided to the board;
  (4) Make decisions based on sufficient information;
  (5) Ensure that proper fiscal systems and controls, as well as a legal compliance system, are in place;
  (6) Maintain knowledge of all major actions taken by the agency; and
  (7) Receive regular reports that include:
    (A) Review and approval of all funding requests (including budgets);
    (B) Review of reports on the organization's financial situation;
    (C) Regular reports on the progress of goals specified in the Performance Statement or program proposal;
    (D) Regular reports addressing the rate of expenditures as compared to those projected in the budget;
    (E) Updated modifications to policies and procedures concerning employees and fiscal operations;
    (F) Updated information on community conditions that affect the programs and services of the organization; and
    (G) Reports on any monitoring correspondence transmitted by the Department.
(c) Individuals that agree to participate on a tripartite governing board, accept the responsibility to assure that the agency they represent continues to:
  (1) Assess and respond to the causes and conditions of poverty in their community;
  (2) Achieve anticipated family and community outcomes; and
  (3) Remains administratively and fiscally sound.
(d) Excessive absenteeism of board members compromises the mission and intent of the program.

Source Note: The provisions of this §6.213 adopted to be effective December 2, 2021, 46 TexReg 8012