An officer shall discharge the duties of an office in good faith, in a manner the
officer reasonably believes to be in the best interests of the corporation, and with
the care an ordinarily prudent person in a like position would exercise under similar
circumstances. An individual exercising the principal functions of an office or to whom some or
all of the duties and powers of an office are delegated pursuant to section 10-19.1-59 is deemed an officer for purposes of this section and sections 10-19.1-86 and 10-19.1-91.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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