LindaL6 (California)
Posts: 62
Posts: 62
Posted:
Corp Code Section 7231. (a) A director shall perform the duties of a director, including duties as a member of any committee of the board upon which the director may serve, in good faith, in a manner such director believes to be in the best interests of the corporation and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.
I posted a link with Beth Grimm's legal take in reasonable inquiry.
Linda
I posted a link with Beth Grimm's legal take in reasonable inquiry.
Linda