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Section node

Board of directors

8 Del. C. § 141

What this page is
Section node, 8 Del. C. § 141
Checked against the official source
2026-08-15Changed
Responsible publisher
ExploreWorld Legal, editorial deskLiability position
Jurisdiction
8 Del. C. Chapter 1
Section node
board
Read
2026-08-15
Hash
sha256:31c9b670515e7234

Outcomes resting on this section

The rules below point to this section in their outcome. The verdict is a machine classification, not a judgment on an individual matter.

  • dgcl-conflict

    Interested transaction lacks an approval route

    8 Del. C. § 144 states the routes for a transaction in which a director, officer or controller has an interest: approval by disinterested directors after disclosure, stockholder approval, or fairness to the corporation.

    risk, Requirement applies

  • dgcl-board

    The board duty to manage the corporation applies

    8 Del. C. § 141(a) places management of the corporation with the board, and § 141(c) states the conditions for delegation to a committee. 8 Del. C. § 145 states the frame for indemnification and insurance.

    risk, Requirement applies

Section nodes

The verdict is a machine classification of the outcome, not legal advice and not a compliance decision.

Verifiable trust signals

  • Six fixed blocks, one source per line
  • No sentence written by a language model
  • Engine version and read date on every answer
  • No customer data, no documents, no advice
  • Model card and audit published under the EU AI Act

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