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Director liability

Director liability in United States

Board duties, exculpation and indemnification in Delaware. This page presents the source-bound material for United States.

United States

topic:us:styrelseansvar

Can a Delaware corporation limit director or officer liability?

The certificate may limit monetary liability of directors and specified officers, subject to statutory exceptions. Officer protection does not cover derivative claims brought by or in the right of the corporation, and neither group may be protected for loyalty breaches, bad faith or improper personal benefit.

Answer from NovaCopilot, legal.exploreworldai.com/en/amnen/styrelseansvar, checked 2026-10-01.

Source
8 Del. C. § 102(b)(7), Delaware Code Online. Law read
Precedent
No precedent linked in the register yet
Provision
8 Del. C. § 102(b)(7)
Object
topic:us:styrelseansvar
Source
NovaCopilot

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