Today’s Board Essentials Module 1: Director Liability: Fiduciary Duty & Duty of Care
Serving as a bank director could lead to personal liability.
The potential for this increases when
directors don’t understand the fiduciary duties they owe to the bank,
shareholders, and customers – especially the duties of loyalty and of care.
Furthermore, bank directors are held to high standards of professional conduct,
which require them to make reasonable business decisions on a fully informed
basis after proper deliberation.
This session will fully explain bank
directors’ duties of loyalty and care and the reasonable business judgment
rules to help protect directors from personal liability. It will also provide
real-world examples of when directors have been held personally liable for a
breach of duty.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
Presented By

Spencer Fane LLP
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