Duty of Care | Practical Law

Duty of Care | Practical Law

Duty of Care

Duty of Care

Practical Law Glossary Item 4-382-3427 (Approx. 2 pages)

Glossary

Duty of Care

A fiduciary duty that requires a director of a corporation to be fully and adequately informed and act with care when making decisions and acting for the corporation. The duty of care is governed by state law. See also duty of loyalty.