Does a corporate director owe a duty to the corporation?
California, United States of America
The following excerpt is from Dch Health Services Corp. v. Waite, 115 Cal.Rptr.2d 847, 95 Cal.App.4th 829 (Cal. App. 2002):
Inc. v. Consortium (1985) 166 Cal.App.3d 443, 448-449, 212 Cal.Rptr. 497; Cooke v. Superior Court (1978) 83 Cal.App.3d 582, 592, 147 Cal.Rptr. 915.) Neither does a corporate director owe such a duty to anyone but the corporation.
[95 Cal.App.4th 833]
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