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The Insurance that Won't Save the Board of Directors
Summary by La República
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1 Articles
Almost all the policies of “directors and officers” (D&O, in the jargon) exclude malicious conduct. And in Colombia the terrain is more slippery than in other countries: Article 200 of the Commercial Code, as amended by Law 222 of 1995, makes the administrators respond in solidarity with each other.
·Bogota, Colombia
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