§ 1641. Director presumed to have knowledge

Cite as: 21 CNCA § 1641

Any director of a corporation or joint-stock association is deemed to possess such a knowledge of the affairs of his corporation, as to enable him to determine whether any act, proceeding or omission of its directors, is a violation of this article.

Historical Data

LA 07-21, eff. February 22, 2021.