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performed his duty with responsibility and due care under the first paragraph: (1) decision has been made with honest belief and reasonable ground that it is for the best interest of the company; (2) decision
the trustee manages the trust property as approved, in good faith and for the best interest of the trust. In case of joint management of the trust by several trustees under Section 39, all trustees
trust instrument. The trustee shall not be liable under the first paragraph if the trustee manages the trust property as approved, in good faith and for the best interest of the trust. In case of joint
for the best interest of the trust. In case of joint management of the trust by several trustees under Section 39, all trustees shall have joint liability under the first paragraph provided, however
(Translation) PAGE 112 (Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as...
(Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as both Houses of Parliam...