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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.

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Source

Source
8 Del. C. § 102(b)(7)
Source
Delaware Code Online
Area
Corporate governance
Source type
statute
Status
In force at the reading date
Authority
Delaware Secretary of State
Checked
2026-09-22

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