Fair to the corporation definition

Fair to the corporation means, for purposes of section 490.861, subsection 2, paragraph “c”, that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was all of the following:
Fair to the corporation means, for purposes of § 48-18-702(b)(3), that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was:
Fair to the corporation means, for purposes of W.S. 17-16-861(b)(iii), that the transaction as a whole was beneficial to or at least not harmful to the corporation, taking into appropriate account whether it was:

Examples of Fair to the corporation in a sentence

  • Fair to the corporation means, for purposes of subdivision (b)(3) of section 21-2,121, that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was (i) fair in terms of the director's dealings with the corporation and (ii) comparable to what might have been obtainable in an arm's length transaction, given the consideration paid or received by the corporation.

  • Fair to the corporation" means, for purposes of section 30-29-861(b)(3), Idaho Code, that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was fair in terms of the director's dealings with the corporation, and comparable to what might have been obtainable in an arm's length transaction, given the consideration paid or received by the corporation.

  • A self-dealing transaction will not be void if:Knowledge of and approval by majority of the disinterested directors;Knowledge of and approval by shareholders; Fair to the corporation at the time authorized, approved or ratified.Weinberger v.


More Definitions of Fair to the corporation

Fair to the corporation means, for purposes of [section 130(2)(c)], that the transaction as a whole
Fair to the corporation means, for purposes of section
Fair to the corporation means, for purposes of section 30-29-861(b)(3), Idaho Code, that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was fair in terms of the director's dealings with the corporation, and comparable to what might have been obtainable in an arm's length transaction, given the consideration paid or received by the corporation.
Fair to the corporation means that the transaction, as a whole, is beneficial to the Corporation and its shareholders, taking into appropriate account whether it is: (A) fair in terms of the director’s dealings with the Corporation in connection with that transaction; and (B) comparable to what might have been obtainable in an arm’s length transaction.
Fair to the corporation means that the transaction, as a whole, is beneficial to the corporation and its shareholders, taking into appropriate account whether it is:
Fair to the corporation. ’ means, for purposes of section 8.61(b)(3), that the transaction as a whole was beneficial to the corporation, taking into appropriate account whether it was
Fair to the corporation means, for purposes of R.S. 12:1-861(B)(3), that