Volunteer Director concerns when serving on boards of non-profit corporations
Posted in Annapolis Attorneys, Law Firm Annapolis on Nov 23rd, 2009
In Maryland officers and directors who act in good faith are entitled to immunity from corporate liabilities:
“In good faith; In a manner he reasonably believes to be in the best interests of the corporation; and with the care that an ordinarily prudent person in a like position would use under similar circumstances.”
See MD Code, Corporations [...]