{"data":{"id":"us-wv/w.-va.-code-31f-4-402","jurisdiction":"us-wv","citation":"W. Va. Code § 31F-4-402","heading":"Limitation upon liability of officers.","body":"An officer of a benefit corporation has no liability for actions taken that the officer believes, in his or her good faith business judgment, are consistent with: (i) The general public benefit or specific public benefit specified in the articles of incorporation or bylaws or otherwise adopted by the board of directors; and (ii) the requirements of any third-party standard then in effect for the corporation.","path":["CHAPTER 31F. WEST VIRGINIA BENEFIT CORPORATION ACT.","ARTICLE 4. DIRECTORS AND OFFICERS."],"source_url":"https://code.wvlegislature.gov/31F-4-402/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:28:11Z","sha256":"f0edd45b514a08323701d5c85087cfd88c00a6a34f5df39a210ffc4149d7e2c2","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-31f-4-401","next":"us-wv/w.-va.-code-31f-4-403"},"notice":"GroundRules: Original legal text. Not legal advice."}
