You have a special liability if you are a corporate director. Even in a small corporation. And you will not be able to easily buy insurance to cover that liability.
Worse, were you able to buy corporate director’s liability insurance, it would not cover accusations of fraud.
You say you would never commit an act of fraud in any business you are in, large or small?
Be assured: Any plaintiff attorney worth his or her salt will charge you with fraud, no matter how innocent you are. It’s a powerful weapon. Also a business fact of life and risk you must take in court.
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