Board Essentials Module 6: Director Liability
Director Liability
Serving as a bank director could lead to personal liability. The
potential increases when directors don’t understand the fiduciary duties
they owe to the bank, bank’s shareholders, and customers – especially
the duties of loyalty and care. Furthermore, bank directors are held to
high standards of professional conduct, which require directors 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.
Duration 20-minutes
Presented By
Spencer Fane LLP
This Webinar Appears In
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