18-1908 — DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS


                                  TITLE  18
                            CRIMES AND PUNISHMENTS
                                  CHAPTER 19
                                 CORPORATIONS
    18-1908.  DIRECTORS DEEMED TO HAVE KNOWLEDGE OF AFFAIRS. Every director of
a corporation or joint stock association is deemed to possess such a knowledge
of the affairs of his corporation as to enable him to determine whether any
act, proceeding or omission of its directors is a violation of this chapter.