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January 18, 2018

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Fiduciary Duties

May 10, 2017

Every person that takes a position as an officer or director of a company takes fiduciary duties to the company and shareholders/members they serve.  Every single one.  There is no power without responsibility.  Failure to exercise that power in the best interests of the people you serve is a breach of fiduciary duty that could subject the fiduciary to significant damages.

 

It is amazing how often businessmen and businesswomen seek the title without the responsibility. 

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