Main Content
Introduction to the Law of Corporations: Cases and Materials
Corporate Opportunity "Safe Harbor"
Although formal presentation of the corporate opportunity to the board of directors is not required, by presenting it and receiving the assent of disinterested directors the director who takes a corporate opportunity has created a "safe harbor".
This book, and all H2O books, are Creative Commons licensed for sharing and re-use. Material included from the American Legal Institute is reproduced with permission and is exempted from the open license.