State Codes and Statutes

Statutes > West-virginia > 31d > 31d-8-842

§31D-8-842. Standards of conduct for officers.
(a) An officer, when performing in his or her official capacity, shall act:

(1) In good faith;

(2) With the care that a person in a like position would reasonably exercise under similar circumstances; and

(3) In a manner the officer reasonably believes to be in the best interests of the corporation.

State Codes and Statutes

Statutes > West-virginia > 31d > 31d-8-842

§31D-8-842. Standards of conduct for officers.
(a) An officer, when performing in his or her official capacity, shall act:

(1) In good faith;

(2) With the care that a person in a like position would reasonably exercise under similar circumstances; and

(3) In a manner the officer reasonably believes to be in the best interests of the corporation.


State Codes and Statutes

State Codes and Statutes

Statutes > West-virginia > 31d > 31d-8-842

§31D-8-842. Standards of conduct for officers.
(a) An officer, when performing in his or her official capacity, shall act:

(1) In good faith;

(2) With the care that a person in a like position would reasonably exercise under similar circumstances; and

(3) In a manner the officer reasonably believes to be in the best interests of the corporation.