United States: Delaware Now Authorizes Exculpation Of Officers, But On What Basis? - Allen Matkins Leck Gamble Mallory & Natsis LLP

United States: Delaware Now Authorizes Exculpation Of Officers, But On What Basis? - Allen Matkins Leck Gamble Mallory & Natsis LLP

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Effective August 1, 2022, Delaware amended Section 102(b)(7) of its General Corporation Law to allow a Delaware corporation to include in its certificate of incorporation a provision exculpating certain of its officers.

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