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Many states allow corporate Articles or bylaws to provide for shielding directors from personal liability for breaching their duty of care to the corporation.Such provisions,
Many states allow corporate Articles or bylaws to provide for shielding directors from personal liability for breaching their duty of care to the corporation.Such provisions, however,cannot protect a director against:
a.good faith decisions.
b.using the same care that an ordinarily prudent person would in the management of his own assets.
c.intentional misconduct.
d.none of the above.
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