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Directors' Duties in Various Corporate Forms
What are directors' duties across various corporate forms, and how should directors protect themselves from the distinctive risks they may encounter? This article will tackle these subjects at a high level; for the 750-page version, see my Directors' Duties in Canada, 4th Edition, published by CCH in 2009. This article originally appeared in the September 2011 edition of Director Journal, a publication of the Institute of Corporate Directors (ICD). Permission has been granted by the ICD to use this article for non-commercial purposes including research, educational materials and online resources.