Specifying that a certain statutory standard of conduct is the sole source of duties owed by a director of a corporation directly to the corporation and indirectly to the stockholders of the corporation; repealing a certain provision of law regarding the application of a certain statutory standard of conduct when a decision has been made to enter into a certain transaction; providing that certain provisions of law concerning the liability of a director of a corporation do not apply to certain actions; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2018
( 2-405.1 )
Last Updated: 2/3/2020 2:31 PM