Director liability in Delaware
Board duties, exculpation and indemnification in Delaware. This page presents the source-bound material for Delaware.
Delaware
topic:us-de:styrelseansvar
Can a Delaware corporation exculpate directors or officers from monetary liability?
A certificate may limit monetary liability within section 102(b)(7), but it cannot cover loyalty breaches, bad faith, improper personal benefit or the other statutory exclusions.
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-de:styrelseansvar
- Source
- NovaCopilot
Questions on this topic
Compliance chain (element, obligation, decision, sanction)
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Source: NovaCopilot