{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-867","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-867","heading":"Director - Breach of fiduciary duty - Liability","body":"In addition to the immunity provisions of Section 866 of Title\n\n18 of the Oklahoma Statutes, no member of the board of directors of\n\na nonprofit corporation shall be personally liable to the\n\ncorporation, or members thereof, for monetary damages for breach of\n\nfiduciary duty as a director, provided that such immunity from\n\nliability shall not extend to:\n\n1. any breach of the director's duty of loyalty to the\n\ncorporation; or\n\n2. any acts or omissions not in good faith or which involve\n\nintentional misconduct or a knowing violation of the law; or\n\n3. any transaction from which the director derived an improper\n\npersonal benefit.","path":["OK Code","Title 18"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os18.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"9cdcec37bf54d8a1336ca0fcaa532b55e0f5a9fa91ad812378a94cabea1155bc","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-866","next":"us-ok/okla.-stat.-tit.-18-18-868"},"notice":"GroundRules: Original legal text. Not legal advice."}