Abstract
At its meeting on April 5, 2024, the Committee approved the amendments to Section 2.02 upon third and final reading without change.
The Business Lawyer
Changes in the Model Business Corporation Act—Amendments to Section 2.02 Relating to Officer Exculpation
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The Corporate Laws Committee of the ABA Business Law Section (the “Committee”) from time to time makes changes in the Model Business Corporation Act (the “Model Act”).
By publication after second reading in the Winter 2023–24 issue of The Business Lawyer, the Committee proposed amendments to section 2.02 of the Model Act relating to officer exculpation.
At its meeting on April 5, 2024, the Committee approved the amendments upon third and final reading without change.