One solution for liability concerns regarding directors is to:

Question

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The best solution for liability concerns regarding directors is to purchase indemnity insurance. This type of insurance will protect the directors from any potential liabilities resulting from their role as a director. Admonishing them to be careful or having them sign waivers may not fully protect them from legal action, and not having directors or having them monitor each other closely may not be practical or feasible options.

One Solution for Liability Concerns Regarding Directors Is To