An example of something I, personally, would be wholly willing to say if I were still on the Board, regardless of how many lawyers advised that there was some fantastical possibility of opening the PSF to liability of some kind (of which kind I can’t imagine - but I’m not a lawyer):
“”"
Suppose a PSF Fellow were convicted of fraud, for trying to sell unauthorized and worthless “PSF Python Excellence” certificates to the grandparents of tens of thousands of Python students. In that case the Board would almost certainly act to terminate their PSF membership.
“”"
Easy call to me. But then I did buy millions of dollars worth of personal liability insurance coverage for my Board activities 
.