Sentence examples for board liability for this from inspiring English sources

But while the lost sale probably will not result in any board liability for this sale, he said, it could provide the basis for possible recourse against the board for future lost sales if it does not comply with its duties.

Thus the hypocrisy of a sale would subject the board to liability for failing to serve the needs of students in this particular area of the district.

Claiming exemptions for several children can also lead to liability for this tax.

"Any expansion of criminal liability for this offence is within Parliament's exclusive domain," they wrote.

However, some insulin analogs, particularly insulin detemir, have lower liability for this adverse event.

"Publicly posting such notices could theoretically expose the board to potential liability for defamation," he said.

In the late 1980s, when most U.S. states enabled boards to waive liability for certain breaches of fiduciary duty, ISS encouraged directors to take up the invitation, on the understanding that they should be focused on shaping strategy and monitoring performance rather than worrying about shareholder litigation.

There can also be liability for board members and executive managers under federal law.

Other investors sought to use Volkswagen's annual meeting to send a message by attempting to deny management board members discharge from liability for their decisions and to halt dividend payments.

First, we've already seen that liability for boards and management is extremely rare.

While most boards carry liability insurance for the directors and officers, would it protect you in the event of legal action?