Section 204(a)(10) of the California Corporations Code permits the articles of incorporation to include provisions eliminating or limiting the personal liability of a director for monetary damages in an action brought by or in the right of the...
Discerning When A Director Has Acted With "Reckless Disregard"
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Want To File A Derivative Suit? You May Soon Be Required To Read Statutes
Posted on March 24, 2017
I have been writing recently about SB 203, a bill that is now pending in the Nevada legislature. As introduced, the bill would, among other things, require the following:
