A director shall, based on facts then known to the director, discharge the duties of a director, including the director's duties as a member of a committee:

1. (1) in good faith;
2. (2) with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and
3. (3) in a manner the director reasonably believes to be in the best interests of the corporation.

As added by P.L.14-1992, SEC.163.