Practice question
Which conduct is expressly a basis of director liability under Section 30?
- Willfully and knowingly assenting to a patently unlawful corporate act
- Merely attending a lawful meeting
- Owning one fully paid share alone
- Receiving an authorized notice
- Voting against an unlawful proposal
Legal references
- RA11232 Section30: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html
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