Abstract
Keller discusses the "duty of disclosure" provision of the Model Business Corporation Act (MBCA). The development of disclosure requirements through decisional law rather than through statutory prescriptions highlights the important question of when corporate law should be codified legislatively and when it should be left to case-by-case judicial development. The American Bar Association's Committee on Corporate Laws ("the Committee") confronted this question when considering disclosure requirements as part of its continuing evaluation of the MBCA.
Citation
Stanley Keller,
Disclosure Provisions of the Model Business Corporation Act,
74 Law and Contemporary Problems
189-196
(Winter 2011)
Available at: https://scholarship.law.duke.edu/lcp/vol74/iss1/16