West Virginia Statutes

§ 31D-8-842 — Standards of conduct for officers

West Virginia § 31D-8-842
JurisdictionWest Virginia
Ch. 31DWEST VIRGINIA BUSINESS CORPORATION ACT
Art. 8DIRECTORS AND OFFICERS

This text of West Virginia § 31D-8-842 (Standards of conduct for officers) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. Va. Code § 31D-8-842 (2026).

Text

(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.

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Bluebook (online)
West Virginia § 31D-8-842, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/31D-8-842.