Picture this: you're a manager in an LLC. You need to make a decision on a new investment for the company. The Duty of Reasonable Care is your silent partner ensuring you scrutinize the investment for any risks and potential benefits. It's not just about avoiding legal troubles - it's about valuing the trust your fellow members place in you.
In this video, I’ll go over everything you need to know about this duty, as well as the several steps required to fulfill the duty of reasonable care.