§ 1642. Director presumed to have assented, when

Cite as: 21 CNCA § 1642

Any director of a corporation or joint-stock association, who is present at a meeting of the directors at which any act, proceeding or omission of such directors, in violation of this article occurs, is deemed to have concurred therein, unless he at the time causes, or in writing requires, his dissent therefrom to be entered in the minutes of the directors.

Historical Data

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