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Delaware Now Authorizes Exculpation Of Officers, But On What Basis? - Shareholders - Vimarsana News

Delaware Now Authorizes Exculpation Of Officers, But On What Basis? - Shareholders

Effective August 1, 2022, Delaware amended Section 102(b)(7) of its General Corporation Law to allow a Delaware corporation to include in its certificate of incorporation a provision exculpating certain of its officers.

Source: mondaq.com
Delaware Now Authorizes Exculpation Of Officers, But On What Basis? | Allen Matkins - Vimarsana News

Delaware Now Authorizes Exculpation Of Officers, But On What Basis? | Allen Matkins

Effective August 1, 2022, Delaware amended Section 102(b)(7) of its General Corporation Law to allow a Delaware corporation to include in its certificate of incorporation a provision...

Delaware Amends Section 102b7 of General Corporation Law - Vimarsana News

Delaware Amends Section 102b7 of General Corporation Law

Delaware amended Section 102b7 of General Corporation Law to allow a Delaware corporation to include in its certificate of incorporation a provision exculpating certain of its officers. Officers may not be exculpated in any action by or in the right of the corporation.