West Virginia Statutes
§ 31E-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.
Free access — add to your briefcase to read the full text and ask questions with AI
West Virginia § 31E-8-842 (Standards of conduct for officers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2002 Reg. Sess., HB2899
Nearby Sections
15
§ 31E-1-101
Short title§ 31E-1-101a
Legislative acknowledgment§ 31E-1-102
Reservation of powers§ 31E-1-103
Construction of chapter§ 31E-1-120
Filing requirements§ 31E-1-121
Forms§ 31E-1-122
Filing, service and copying fees§ 31E-1-123
Effective time and date of document§ 31E-1-124
Correcting filed document§ 31E-1-125
Filing duty of Secretary of State§ 31E-1-127
Evidentiary effect of copy of filed document§ 31E-1-128
Certificate of existence§ 31E-1-129
Penalty for signing false document§ 31E-1-130
Powers