Corporate Duties and Responsibilities of Officers and Directors

photo: woman taking notes in meeting

Corporate officers and directors owe fiduciary duties to the shareholders of the corporation. Similarly members in an LLC and managers of an LLC owe duties and responsibilities to other members. Failure to adhere to these responsibilities can result in litigation and financial liability by officers and directors. Because such duties and responsibilities are not clearly stated, it is easy for a business person to violate such duties and responsibilities resulting in financial liability.

Russell B Kahn practices in Corporate Duties and Responsibilities of Officers and Directors.

We Work for You

image of gavel

Client Support

With almost 80 years of total legal experience, our support staff will be able to help you with any issues you may have.

image of light bulb

Effective Solutions

Hoyt & Stanford helps to define and accomplish the goals our clients seek to achieve to provide customized solutions.

image of person

Individual Approach

We take the time to understand our clients' individual circumstances; we realize each case is unique and has it's own solution.